Stock Market Closing: Nifty at 17,617, Sensex ends 427 points lower on last trading day of week; IT and Pharma decline, auto, FMCG gain
Dragged by financial, IT and pharma shares, domestic equity markets ended lower on Friday for the fourth straight day amid weak global cues and FIIs relentless selling pressure
Bajaj Finserv declined more than 5% on Friday. Tech Mahindra, Shree Cement, Divis Labs, Coal India, Tata Steel, Bharti Airtel, IndusInd Bank, Dr Reddy's, Infosys, L&T and Axis Bank were other shares that declined the most