The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days

markets

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	<strong>Stock market updates:</strong>&nbsp;Extending their decline into fourth straight day, benchmark indices ended the week with over 1 per cent cut on the back of lossess in Eicher Motors (7 per cent), Nestle India (5.3 per cent), Divis Labs (5.4 per cent), and Cipla (5 per cent).&nbsp;</div>
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	On Friday, though, the frontline S&P BSE Sensex nursed losses of 435 points, or 0.85 per cent, to end the day at 50,890 levels. In the intra-day trade, the index tanked 800 points from the day&#39;s high to hit a low of 50,624. Only 11 of the 30 constituents ended the day in green with ONGC (down 5 per cent), SBI and Axis Bank (down 3.5 per cent each), ICICI Bank (3 per cent), Baja Auto (2.6 per cent), and Maruti Suzuki (2 per cent) being the top losers.</div>
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	Gains in Dr Reddy&#39;s Labs (2.3 per cent), IndusInd Bank (2 per cent), HUL (1.7 per cent), and RIL (0.7 per cent) trimmed losses.</div>
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	On the NSE, the Nifty50 index gave up the 15,000-mark and settled at 14,982 levels, down 137 points or 0.9 per cent. It hit an intra-day low of 14,898.</div>
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	The broader markets, too, gave up their winning ways today and ended in the red. The S&P BSE MidCap index underperformed on the BSE and ended1.7 per cent down today. The SmallCap counterpart, meanwhile, settled 0.7 per cent lower.</div>
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<div>
	Sectorally, none of the indices ended in the green zone today. The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days. That apart, Nifty Metal, Bank, and Auto indices skid 2 per cent each.&nbsp; &nbsp;&nbsp;</div>
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	<strong>Global markets</strong></div>
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	Shares struggled to avoid a fourth straight day of losses on Friday as data showed euro zone business activity slowing in February, while German and British 10-year bond yields touched multi-month highs, driven up by bets on rising inflation.</div>
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	The pan European index was up 0.1 per cent, while London&#39;s FTSE index was 0.1 per cent weaker.</div>
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	In Asia, MSCI world equity benchmark was up 0.1 per cent, MSCI&#39;s broadest index of Asia Pacific shares outside of Japan was down 0.1 per cent, while E-mini futures for the S&P 500 were broadly flat.</div>
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<div>
	<em><strong>(With inputs from Reuters)</strong></em></div>

Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit

Business Standard

Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit | News on Markets - Business Standard

Sensex Heatmap :: RIL, HUL support indices

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Commodity Heatmap :: Crude futures down 2%, Silver 1%

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Top gainers and losers on S&P BSE Sensex at Pre-open

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	Breakeven Point Rs 101.35 <a href="https://www.business-standard.com/article/markets/bull-spread-strategy-on-indian-oil-corp-by-nandish-shah-of-hdfc-securities-121021900161_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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</div>
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Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF

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	<strong>IDFC First Bank</strong>: The company said its board has okayed raising up to Rs 3,000 crore through various means.</div>
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	&nbsp;</div>
<div>
	<strong>Oil India &amp; Engineers India: </strong>These companies together will bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Limited (BPCL) in Numaligarh Refinery Limited.</div>
<div>
	&nbsp;</div>
<div>
	<strong>Telecom stocks:</strong> Latest TRAI data showed that Airtel added as many as 5.5 million regularly paying users in December over the preceding month. Reliance Jio, meanwhile, added nearly 3.2 million subscribers and Vodafone Idea Ltd. lost 1.5 million subscribers. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-bharti-airtel-idfc-first-bank-nmdc-ambuja-cements-dlf-121021900175_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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FII/FPI & DII trading activity on NSE, BSE and MSEI

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Oil drops as investors gauge big chill impact on US refineries

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	Oil prices slid as much as 2% in early trade on Friday, adding to overnight declines, on worries that refineries shut by a big freeze in the US South will take some time to revive operations and dent crude demand.</div>
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	US West Texas Intermediate (WTI) crude futures fell $1.21, or 2%, to $59.31 a barrel, after declining 1% on Thursday.</div>
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	&nbsp;</div>
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	Brent crude futures dropped $1.07, or 1.7%, to $62.86 a barrel, after declining 0.6% on Thursday.<br />
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	<em>(Source: Reuters)</em><br />
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		<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-09/14/full/1600075952-9732.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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At 8:30 am, the SGX Nifty index was trading 74 points down at 15,041 levels.<br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2018-05/26/full/1527356799-0602.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit

The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days

Sensex Heatmap :: RIL, HUL support indices

Opening Bell

Opening Bell

Commodity Heatmap :: Crude futures down 2%, Silver 1%

Top gainers and losers on S&P BSE Sensex at Pre-open

Markets at Pre-open

Markets at Pre-open

Bull Spread Strategy on Indian Oil Corp

Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF

Bulk deals on the BSE as on Thursday

Bulk deals on the NSE as on Thursday

FII/FPI & DII trading activity on NSE, BSE and MSEI

Rupee check

Oil drops as investors gauge big chill impact on US refineries

Weakness to extend?