Market on Friday | Nifty slips below 25,000 on extended selling; Sensex sinks 502 pts
Indian equity indices extended the losing streak on the second consecutive session on July 18 with Nifty falling below 25,000, hitting a one-month low amid selling across the sectors barring metal and media.
At close, the Sensex was down 501.51 points or 0.61 percent at 81,757.73, and the Nifty was down 143.05 points or 0.57 percent at 24,968.40. BSE Midcap and smallcap indices performed inline with main indices falling 0.6 percent each
Biggest Nifty losers included Axis Bank, Shriram Finance, Bharat Electronics, HDFC Life, Bharti Airtel, while gainers were Wipro, Bajaj Finance, Tata Steel, ONGC, Nestle India.
Except media and metal, all other sectoral indices ended in the red with pharma, Private Bank, PSU bank, FMCG, capital goods, consumer durables, telecom down 0.5-1 percent.