Sensex Today: Profit booking in financial stocks weighed on the benchmark indices Friday with State Bank of India (SBI), Axis Bank, Bajaj Finance, ICICI Bank, Kotak Bank, Bajaj Finserv, IndusInd Bank, and HDFC Bank settling as top laggards, falling up to 3.6 per cent.
That apart, profit booking in Infosys, Wipro, Tech M, HCL Tech, and Reliance Industries further capped upside.
The S&P BSE Sensex ended 188 points lower at 65,795 levels, while the Nifty50 ended at 19,732, down 33 points.
The broader markets, on the other hand, notched gains with the BSE MidCap and SmallCap indices rising 0.27 per cent and 0.36 per cent, respectively.
Among sectors, the Nifty PSU Bank index fell 2.4 per cent, followed by over 1 per cent dip in the Nifty Bank, and Private Bank indices. On the upside, the Nifty Pharma index gained 1 per cent.
Global Cues
Elsewhere in Asia, Shanghai Composite was down 0.4 per cent amid an 8-per cent crack in Alibaba shares. Hang Seng, meanwhile, shed 1.65 per cent.
Australia and South Korea’s benchmark indices fell 0.2 per cent and 0.80 per cent, respectively.
Nikkei was the only index in green, up 0.06 per cent.
Overnight, the Dow Jones slipped 0.13 per cent, the S&P 500 ticked higher by 0.12 per cent, while the Nasdaq Composite inched up by 0.07 per cent.
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