Sensex ends 224 pts down; banks, IT, pharma drag; metals up

The market closed lower for the third consecutive session on Friday due to selling pressure in technology, banks, healthcare and auto stocks. The Sensex fell 223.94 points to 28442.10 and the Nifty lost 100.70 points to 8606. About 1184 shares have advanced, 1636 shares declined, and 178 shares are unchanged on the BSE.



TCS, Sun Pharma, Axis Bank, Bharti Airtel and Wipro topped the selling list on Sensex, down 3-5 percent while Sesa Sterlite, Tata Steel, NTPC, Hindalco and BHEL gained 1-3 percent.



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Posted in: Indian Market Tips