Indian equity markets snap 5-day gaining streak, IT drops over 3%
Mumbai, June 19 -- The Indian equity markets ended in the red on Friday, snapping the five-day gaining streak, with Sensex losing over 600 points and Nifty slightly above the 24,000 mark shedding over 150 points. Sensex closed at 76,802.9, down 607.08 points or 0.78 per cent while Nifty settled at 24,013.10, down 154.90 or 0.64 per cent.
Nifty IT emerged as biggest laggard, falling over 3 per cent with majority of other sectors trading in the red. Following IT, realty and consumer durables also lost over a per cent.
On BSE, Infosys led the major losses, dropping over 6 per cent, followed by TCS, HCL Tech, Tech Mahindra, HDFC Bank among others. On the other hand, Eternal, Bharti Airtel, Power Grid, Trent, NTPC, ITC, LT among others were ...
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