Mumbai, Oct 22 (FN Agency) The equity market remained negative for the fourth consecutive session on Friday as the BSE Sensex slipped 101.88 points to settle at 60,821.62 despite a positive Asian Market. The Nifty of National Stock Exchange (NSE) too fell by 63.20 points at 18,114.90. The market witnessed high volatility on Friday, as the Sensex recovered 121 points at 61,044.54 in the opening trade. It surged 497 points to 61,420.13, the days high. In late trade it plunged 372 points to 60,551.15, the days low, before closing at 60,821.62, still 101.88 points below its previous close. The Sensex the registered days high and low at 61,420.13 and 60,551.15 points respectively. The Nifty recorded the days high and low at 18,314.25 and 18,034.35 points respectively.
The sectoral indices include Metal, Materials, Technology and Health Care stocks dragged the market further. In scrips, the main draggers were ITC, Maruti Suzuki, Infosys, NTPC and Tata Steel. However, buying in HDFC, Bajaj Auto, IndusInd Bank, Kotak Bank and Titan restricted the market from further gains, brokers informed. The Mid Cap declined by 0.97 per cent and Small Cap by 1.20 per cent. Of 30 scrips, 12 advanced while 18 declined. In sectoral indices, Metal was a major loser down by 2.93 per cent followed by Materials by 1.78 per cent, Health Care by 1.58 per cent and Technology by 1.33 per cent. The European markets increased today as the CAC 40 was up a per cent, and DAX 30 added 0.6 per cent. The FTSE 100 went up 0.4 per cent. In Asia, the Nikkei, Hang Seng and Straits Times were ended positive between 0.3-0.5 per cent. China’s Shanghai Composite was down 0.3 per cent, while S&P/ASX 200, Kospi and Taiwan Weighted ended on a steady note.