Equity benchmark indices, Sensex and Nifty, closed with losses for the fourth straight session on Friday due to a sharp decline in financial and auto stocks.
Weak US markets and tariff threats also dented investor sentiment.
The #BSE Sensex fell by 424 points to settle at 75,311; while NSE Nifty lost 117 points to close at 22,796.
From the Sensex pack Mahindra & Mahindra, Adani Ports, Tata Motors, Sun Pharma and Power Grid were the top losers; whereas Tata Steel, Larsen and Toubro, HCL Technologies, Asian paints and HDFC Bank were the top gainers.
On the sectoral front most indices closed in red, with the Metal index being the only exception, registering gains of around 1 per cent.
Almost all Asian markets closed in the green, with Hong Kong’s Hang Seng gaining 3.84 percent, and China’s Shanghai Composite advancing 0.84 percent.
Most European markets were trading in green. US markets closed with losses on Thursday.
Foreign Institutional Investors were net sellers on Thursday as they offloaded equities worth over 3,311 crore rupees.