According to exchanges, BSE Sensex dropped 176 points to 59,781.42 while NSE Nifty 50 dipped 55 points to 17,826.45 points in morning trade on Friday. It is expected that domestic stocks might strengthen later in the session.
Sensex dropped below 60,000 by losing 452 points to 59,900.37 level and Nifty also declined 154 points to 17,837.45 level. The investors were on wait and watch mode as they wait for the US key jobs report which is due for release later on Friday.
Mumbai (Maharashtra) [India], May 6 (ANI): The Indian stock market's benchmark Sensex fell 786.31 points on Friday dragged by heavy selling pressure in the realty and Information Technology stocks.
Mumbai (Maharashtra) [India], July 30 (ANI): Equity benchmark indices traded in a narrow range and wiped out early gains to close in the red on Friday amid weak global trends.
Mumbai (Maharashtra) [India], July 8 (ANI): Equity benchmark indices ended nearly a per cent lower on Thursday, dragged by bank, metal and pharma names amid pessimistic global cues.
Mumbai (Maharashtra) [India], Mar 25 (ANI): Equity benchmark indices closed nearly 1.5 per cent lower on Thursday amid concerns over rising coronavirus infections and weak global cues.
Mumbai (Maharashtra) [India], Feb 17 (ANI): Equity benchmark indices retreated from a recent rally on Wednesday amid mixed global cues as investors booked profit in heavyweight stocks.
Mumbai (Maharashtra) [India], May 4 (ANI): Equity benchmark indices plunged nearly 6 per cent on Monday tracking weak global cues after the latest flare-up in US-China tensions.
Mumbai (Maharashtra) [India], Jan 22 (ANI): Equity benchmark indices wiped out initial gains and closed in the red on Wednesday as investors assessed mixed Q3 corporate results and implications of spreading coronavirus in China and beyond.
Mumbai (Maharashtra) [India], Oct 7 (ANI): Equities wiped out early gains on Monday as selling pressure in the closing hour weighed in across the board.