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Stock Market Highlights: Sensex retreats 765 pts from day's high and Nifty50 sinks below 17,800 — rupee slides to 79.78 vs dollar

Stock Market Highlights: Sensex retreats 765 pts from day's high and Nifty50 sinks below 17,800 — rupee slides to 79.78 vs dollar

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By CNBCTV18.com  IST (Updated)

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Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 made a sharp U-turn in a volatile session on Friday, as losses in financial and oil & gas shares offset gains in IT shares. Broader markets also gave up initial gains, with the Nifty Midcap 100 and Nifty Smallcap 100 indices finishing more than one percent each. Globally, financial markets saw mixed moves as investors remained on the back foot on the prospects of steep increases in COVID-era interest rates. 

Stock Market Highlights
: Indian equity benchmarks BSE Sensex and NSE Nifty50 made a sharp U-turn in a volatile session on Friday, as losses in financial and oil & gas shares offset gains in IT shares. Broader markets also gave up initial gains, with the Nifty Midcap 100 and Nifty Smallcap 100 indices finishing more than one percent each. Globally, financial markets saw mixed moves as investors remained on the back foot on the prospects of steep increases in COVID-era interest rates.
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