It turned out to be a miserable concluding moments of trading on Dalal Street as the domestic markets closed with severe plunge today. Overall selling in the stocks all over the sectors pulled the main indices stridently. Markets posted its largest weekly dip since October of last year with the BSE and NSE falling more than 9% each over the week.
Nevertheless, in spite of such a collide, the IT stocks outdid the benchmark and the wider indices as the Sensex IT index earned 2.1% driven by IT bellwether TCS, Wipro and Infosys. The NSE dipped 77 points to end at 4,004.
Lastly, the BSE tumbled 253 points to close at 13,504 after reaching an up of 13,897 and a down of 13,419. The index had hit at 13,803 opposed to the earlier close of 13,757.