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Indices declined for the third straight day on Friday due to a major sell-off amid political concerns. Sensex closed lower by 509 points, or 1.51%, to 33,176, while the Nifty fell 165 points, or 1.59%, to close at 10,195. All the sectoral indices on BSE ended lower with metal, oil and gas and energy falling most. BSE MidCap was down 1.07% and SmallCap fell 1%. M&M, Wipro, Hindustan Unilever and Yes Bank were among the top gainers, whereas Tata Motors, Asian Paints, Adani Ports and Hero MotoCorp were major losers. Dr. Reddy’s Laboratories Ltd fell 1.79% to Rs2144. Steel Strips Wheels Ltd gained 2.38% to Rs1066. Housing Development Finance Corp. Ltd 1.70% down at Rs1798. Banco Products Ltd down 1.98% to Rs219.
Asian stocks slid on Friday as reports of more chaos in the Trump administration tested