Mumbai, June 17: The Indian stock markets’ key indices, Sensex and Nifty, closed in the red for the sixth straight session on Friday dragged by heavy selling pressure in IT stocks and over 6 per cent slump in Titan.
The 30 stock S&P BSE Sensex closed 135.37 points or 0.26 per cent down at 51,360.42 points against its previous day’s close at 51,495.79 points.
The markets witnessed volatility during the day. The Sensex started the day with a deep cut at 51,181.99 points and slumped to a low of 50,921.22 points in the early morning trade. The markets witnessed volatility in the morning session. The Sensex jumped into positive and touched a high of 51,634.15 points in the morning trade. However, it came under selling pressure again.
This is the sixth straight day of weakness in the markets. The Sensex had lost 1045.60 points or 1.99 per cent on Thursday. The Sensex had slipped by 152.18 points or 0.29 per cent on Wednesday. The index had slumped by 153.13 points, 1456.74 points and 1016.84 points in the previous three sessions, respectively.
