As bears took over the grip, BSE Sensex and Nifty 50 ended another volatile session in red on Thursday. The sell-off in consumer durables and banking stocks pushed the markets below yesterday’s levels. Sensex declined over 250 points from day’s high to close at 31,443, while Nifty 50 declined 72 points or 0.78 per cent to settle just below 9,200-mark. “Bluechip financial stocks contributed most to the losses in the market, due to anticipated increase in NPAs during this period. There is no respite in the number of domestic virus infections and markets are worried about a further extension in lockdown, which could severely impact already weak corporate earnings and the economy.
Nifty50 closed lower at 9199.05 level, -71.85 points, or -0.78 per cent. Nifty Support :9120 and 9080 Resistance : 9280 and 9320.
