Final Trade: Indices settle lower amid weak global cues; Nifty closes at 24, 751

Indian equities in Friday’s trade ended lower amid weakening global cues and as investors preferred staying on the sidelines ahead of the key US inflation print. At the close, the 30-share Sensex ended at 81,451.01, down 0.22 per cent or 182 points, while the Nifty50 tumbled 0.33 per cent or 82.9 points to settle at 24,750.7.

Meanwhile, the broader markets too ended in the red, with the Midcap index ending lower by 0.2 per cent.

Bank Nifty, on the other hand, moved higher by 0.38 per cent amid hefty gains in the PSU Banking scrips.

Sectoral gainers and losers

Sectorally, all the indices succumbed to selling pressure, with only PSU Banking gauge bucking the trend with gains of as much as 3 per cent.

Stocks in news

Apollo Hospitals: Ahead of its earnings later today, the stock ended with a tad cut of 0.43 per cent.

Bajaj Auto: Despite positive set of March quarter earnings, the stock ended lower by nearly 3 per cent in Friday’s trade.

Mazagon Dock Shipbuilders: After the company posted a decline in its March quarter profit, shares of the defence PSU tumbled up to 8 per cent.

Global markets

Amid lingering global worries around trade tariffs, European markets defying market trend traded on a positive note. At around the last time at 3:25 pm, German DAX index was up around 0.9 per cent, while FTSE index traded higher by 0.8 per cent.