Winning Bizness Desk
Mumbai. The Indian stock market ended lower on the last trading day of the week ending on Feb 17, 2017. While in the morning session, the markets started with a bearish trend due to weak global cues, volatility was seen in the day's trading. As markets settled on the last day of the week, the BSE Sensex lost 316.94 points to settle at 61,002.57. Meanwhile, the national stock market index Nifty settled down 91.65 points at 17,944.20 points. Stocks in energy, infra, commodity sectors were bullish during the day's trade. Whereas, shares in banking, auto, IT, pharma, metals, media, real estate, FMCG sectors closed lower. Midcap and smallcap share prices also witnessed decline. Share prices of 17 companies in Nifty 50 rose. So, there was no change in the share price of 33 companies.
How the day fared ?
In Friday's intraday trade, shares of Larsen closed up 2.18 percent, Ultratech Cement 1.77 percent, Asian Paints 1.01 percent, NTPC 0.51 percent, Reliance 0.42 percent, Tata Steel 0.27 percent and ITC 0.21 percent. While IndusInd Bank 3.13 percent, Nestle 3.12 percent, Mahindra 1.73 percent, SBI 1.70 percent, TCS 1.53 percent, Kotak Mahindra 1.52 percent, HCL Tech 1.49 percent, Sun Pharma 1.26 percent, AXI Bank 1.26 percent, Infosys closed down 1.15 percent.
IT and PSU Bank indices saw the biggest fall
In the Indian stock market, the IT and PSU Bank indices saw the biggest fall at this time. On Friday, the Indian stock market opened lower. At the start of morning trade, the BSE Sensex opened down 270.75 points at 61,048.76, while the Nifty closed at 17,975, down around 0.34%. Investors lost their wealth due to a fall in the stock market during today's trading. The market cap of BSE-listed companies fell to Rs 266.90 lakh crore. The market cap on Thursday was Rs 268.23 lakh crore. That means investors have lost Rs 1.33 lakh crore in Friday's session.