Sensex, Nifty fall after 8-day rally amid weak trend in global markets

Equity benchmark indices ended lower on Friday, halting their eight-day rally, amid a weak trend in global markets and emergence of profit-taking.

The 30-share BSE Sensex fell 415.69 points or 0.66 per cent to settle at 62,868.50. During the day, it tanked 604.56 points or 0.95 per cent to 62,679.63.

The broader NSE Nifty dipped 116.40 points or 0.62 per cent to end at 18,696.10. Among the Sensex pack, Mahindra & Mahindra, Hindustan Unilever, Maruti, Nestle, HDFC, Asian Paints, Bajaj Finance and Power Grid were among the major laggards.

Tata Steel, Dr Reddy’s, Tech Mahindra, IndusInd Bank and HCL Technologies were among the winners.