Mumbai, Jan 3 (UNI) The BSE Sensex on Friday nosedived 720.60 pts to settle at 79,223.11 as selling was seen in Technology, Bankex and IT stocks despite positive Asian Market.
The National Stock Exchange (NSE) fell 183.90 pts at 24,004.75.
Advancing over 1400 pts on Thursday, the Sensex opened positive at 80,072.99, rising 129 pts, and it was the days high, later it was tanked 834 pts at 79,109.73, days low, before closing at 79,223.11, slumping 720.60 pts from its previous close.
The stocks that dragged the market were IT by 1.31 pc, Bankex by 1.07 pc and Technology by 1.13 pc.
The Mid cap eased 0.33 pc and Small cap by 0.02 pc.
In 30 scrips, 10 advanced while 20 remained declined.
The losers were Zomato by 4.30 pc to Rs 272.60, HDFC Bank by 2.50 pc to Rs 1748.50, Tech Mahindra by 2.23 pc to Rs 1689.10 and Adani Ports by 2.22 pc to Rs 1198.50.
The gainers were Tata Motors by 3.14 pc to Rs 788.95, Nestle India Ltd by 1.51 pc to Rs 2233.35, Titan by 1.48 pc to Rs 3441.65 and Hind Unilever by 1.34 pc to Rs 2401.85.
The European market was negative while Asian Market was seen positive, as Hang Seng was up by 0.69 pc, Taiwan Weighted by 0.33 pc and Kospi by 1.76 pc.
