Markets resume downward spiral

February 20, 2020 16:57

Benchmark indices resumed their slide on Thursday as trading sentiment remained at a low ebb on lacklustre overseas cues and lack of buying triggers.

A depreciating rupee and persistent capital outflows also weighed on the bourses, traders said. After a choppy session, the 30-share BSE Sensex settled 152.88 points, or 0.37 per cent, lower at 41,170.12.

Similarly, the broader NSE Nifty slipped 45.05 points, or 0.37 per cent, to 12,080.85. Financial markets will remain closed on Friday on account of 'Mahashivratri'.

During the week, the Sensex fell 86.62 points or 0.21 per cent, while the Nifty shed 32.65 points or 0.26 per cent. IndusInd Bank was the top gainer, spurting 3.57 per cent, followed by Tata Steel, SBI, ONGC and PowerGrid. --PTI

Image: Asian Paints, HUL, TCS, Nestle, Tech Mahindra and Reliance Industries were among the top laggards in the Sensex pack on Thursday, dropping up to 2.30 per cent.

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