Bears Back in Action, Sensex Tumbles 720 Pts, Nifty Down 200 Pts
Deccan ChronicleMumbai: The Indian benchmark indices broke its two-day run to end lower on Friday, the third trading day of 2025. The benchmark BSE Sensex lost 720.60 points or 0.90 per cent to close at 79,223.11, while the broader Nifty 50 index closed at 24,004.75, lower by 183.90 points or 0.76 per cent as investors sold banking and IT stocks ahead of the earnings season starting next week. On a weekly basis, the BSE benchmark jumped 524.04 points or 0.66 per cent, and the Nifty climbed 191.35 points or 0.80 per cent. The second biggest loser was HDFC Bank that fell 2.46 per cent to Rs 1749.30, Tech Mahindra Ltd fell by 2.23 per cent at Rs 1,689, Adani Ports down 2.15 per cent to Rs 1199.25. In the previous session, the BSE benchmark jumped 1,436.30 points or 1.83 per cent -- its best single-day gain in more than a month -- to settle at 79,943.71.