Mumbai, Oct 25 (UNI) The equity market continued to slide for the fifth consecutive session on Friday, as the BSE Sensex crashed 662.87 pts at 79,402.29 following selling in Utilities, Oil and Gas, and Capital Goods stocks, and heavy foreign outflows.
Tension in the Middle East too impacted the market.
The National Stock Exchange (NSE) fell 218.60 pts at 24,180.80.
The market recovered to open at 80,187.35, up 122 pts. It surged 188 pts at 80,253.19, a days high.
Later, it nosedived nearly 928 pts at 79,137.98, a day low, before closing at 79,402.29, down 662.87 pts from its previous close.
The NSE registered days high and low at 24,440.25 and 24,073.90 pts respectively.
The stocks that kept the market weak were Oil and Gases by 3.09 pc, Consumer Durable by 2.74 pc, Utilities by 2.53 pc, and Capital Goods by 2.23 pc.
The Mid-cap declined by 1.48 pc and the Small-cap by 2.44 pc.
In 30 scrips, 10 advanced, while 20 declined.
The losers were IndusInd Bank by 18.79 pc to Rs 1038.60, M& M by 3.56 pc to Rs 2727.36, L & T by 3.01 pc to Rs 3339.40, NTPC by 2.73 pc to Rs 400.50 and Adani Ports by 2.33 pc to Rs 1322.50.
The gainers were ITC by 2.24 pc to Rs 482.40, Axis Bank by 1.85 pc to Rs 1189.60, Hind Unilever by 0.96 pc to Rs 2527 and Sun Pharma by 0.53 pc to Rs 1858.85.
