Mumbai, Feb 14 (UNI) The equity market remained in the red for the eighth consecutive session on Friday, as BSE Sensex dropped 199.76 pts to settle at 75,939.21 amid a mixed trend in the Asian Market.
Investors were seen worried about the impact of Trump’s proposed reciprocal tariff.
High volatility was witnessed during the session, as the BSE Sensex recovered 250 pts to open at 76,388.99. It jumped 345 pts at 76,483.06, a days high.
Later, it tanked 699 pts at 75,439.64, a day low, till the end of the day, it recovered from the day low, but ended negative only at 75,939.21, still down 199.76 pts from its previous close.
The National Stock Exchange (NSE) fell 102.15 pts at 22,929.25.
The Nifty registered days high and low at 23,133.70 and 22,774.85 pts respectively.
The stocks that dragged the market were Industrials by 3.03 pc followed by BSE services by 3.16 pc, Health Care by 2.77 pc, and Capital Goods by 2.76 pc.
The Mid cap declined 2.59 pc while the Small cap by 3.24 pc.
In 30 scrips, 8 advanced while 22 declined.
The losers were Adani Ports by 4.20 pc to Rs 1062.90, Ultracemco by 2.47 pc to Rs 11257.60, Sun Pharma by 2.40 pc to Rs 1704.65, IndusInd Bank by 2.21 pc to Rs 1024 and NTPC by 2.18 pc to Rs 300.25.
The gainers were Nestle India Ltd by 0.90 pc to Rs 2197, ICICI Bank by 0.80 pc to Rs 1258.45, Infosys by 0.71 pc to Rs 1856.30 and TCS by 0.60 pc to Rs 3932.75.
A mixed trend was seen in the Asian Market, as Strait Times fell 0.13 pc, Taiwan Weighted by 1.07 pc and Set Composite by 0.94 pc.
While, Hang Seng was up by 3.56 pc, Shanghai Composite by 0.43 pc.
