Global Markets End in Red Territory

Global markets experienced a downfall on Friday, with the Indian stock market not being an exception. The domestic equity indices closed in the negative territory, with the Sensex plummeting 980.93 points or 1.61% to 59,845.29, while the Nifty settled at 17,806.80 after dipping 320.55 points or 1.77%. Asian markets also concluded in the red, with the Nikkei falling over 270 points in Japan. Other prominent indices such as the FTSE TWSE Taiwan 50 Index and KOSPI Composite Index also witnessed a decline.

Key Takeaways:

The Sensex closed below 59,850, while the Nifty settled below 17,850, on Friday's session.
Tata Steel (down 4.97%), Tata Motors (down 4.07%), State Bank of India (down 3.27%), Bajaj Finserv (down 3.07%), and Reliance (down 2.96%) were the top laggards in the BSE Sensex.
In the sectoral indices, Nifty Bank fell 1.75%, and Nifty IT dropped 1.83%.
Notable decline in Asian markets, with the Nikkei 225 closing 272.62 points or 1.03% lower at 26,235.25.
The Dow Jones Industrial Average (DJIA) fell 348.99 points or 1.05% at 33,027.49, and the tech-heavy Nasdaq Composite Index dropped 233.25 points or 2.18%.
The US dollar strengthened against the Indian rupee, which depreciated 0.12% at 82.8650 against the US dollar.

Statistics:

Sensex fell 980.93 points or 1.61% to 59,845.29.
Nifty settled 320.55 points or 1.77% lower at 17,806.80.
Tata Steel fell 4.97% to become the top laggard in the BSE Sensex.
Nifty Bank fell 1.75% and Nifty IT dropped 1.83% on Friday's session.
Dow Jones Industrial Average (DJIA) fell 348.99 points or 1.05% to 33,027.49.
Crude oil WTI Crude futures for January delivery were up 2.21% at $79.20.
Bitcoin (BTC) at 4:15 PM (IST) was trading at $16,862.18, up by 0.19% in the last 24 hours.

Sources:

Contify.com