Indian benchmark indices fell for a fifth consecutive session on Friday, with the BSE Sensex closing down 331.62 points, or 0.43 per cent, at 76,059.77. The NSE Nifty 50 declined 102.15 points, also 0.43 per cent, to settle at 23,767.45, slipping below the 23,800 mark.
The losses came as crude oil prices stayed elevated on the back of escalating tensions between the United States and Iran, a factor that has weighed on Indian markets through the week.
Auto, metal and energy stocks were among the biggest losers on the day, dragging the broader indices lower.
IT and media stocks bucked the trend and ended in the green, cushioning some of the losses across the benchmarks.
Friday’s close extended the losing streak for both the Sensex and the Nifty to five straight sessions.
(Image: Niyantha Shekhar (CC BY 2.0))