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The Nifty Pharma index was the hardest impacted, down over 2% on the NSE, while the Nifty Bank index gained the most, up 0.75 percent.


Digital Desk: On Friday, the S&P BSE Sensex traded in violent swings as investors remained concerned about the global growth outlook. The 30-pack index fluctuated 732 points intraday before settling at 51,360, down 135 points, or 0.26 percent.

 

Meanwhile, the NSE Nifty50 ended the day at 15,294, down 67 points or 0.44 percent. The top Nifty gainers were Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank, which all rose between 0.8 and 3%.

Titan Company, Wipro, HDFC Life, Shree Cement, BPCL, Dr Reddy's Labs, and Asian Paints, on the other hand, were the biggest drags, falling up to 6%.

 

The Nifty Pharma index was the hardest impacted, down over 2% on the NSE, while the Nifty Bank index gained the most, up 0.75 percent.

 

The BSE MidCap and SmallCap indices lagged the benchmarks and fell by up to 0.9 percent in the broader markets.

 

Global markets

 

European markets were higher on Friday, but the week ahead looked bleak as global stocks reacted to major central banks' policy tightening. Following an uncertain start, the Stoxx 600 index rose 0.8% in early trade.

 

Futures linked to headline indexes advanced between 0.8 and 1.2 percent on Wall Street. Earlier in Asia, the Nikkei sank around 2%, the Kospi fell 0.43 percent, and the Hang Seng rose 1%.

 

 

 

 

 

 

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