MUMBAI: The BSE benchmark Sensex marked biggest loss not seen since five weeks, dropping 448.86 points to finish at 26,040.70, while the broader Nifty dipped below the psychological 8,000-level.

Bearishness tagged the trading momentum from day-one of the week, borne by cascading effect of demonitization, it was further restricted by mute sentiment across the globe due to long Christmas and New Year holidays.

Mumbai: Breaking a seven-day losing pattern, the Sensex on Friday reclaimed the key 26,000-mark by recovering 61 points, helped by gains in pharma, auto and capital goods.

For the week, the Sensex lost 448.86 points, or 1.69%, while the broader NSE Nifty dropped 153.70 points, or 1.88%. This is their biggest weekly in five, which is since the week ended 18 November. Domestic investors backed up and covering-up of short positions gave equities a push too.

Stock markets upheld their negative tone for the seventh consecutive session and shed nearly a percent on Thursday. Feeble cues from Asian markets were weighing on sentiments in early trade, which further deteriorated with a slide in select index majors as the day progressed.

Besides, participants were maintaining cautious approach ahead of the beginning of the two-day GST Council meet. Most sectoral indices ended lower in line with benchmark, wherein metal and PSU banks lost the maximum. The Nifty eventually closed with a cut of a percent at 7979.

After a four-day fall, the benchmark Sensex recovered over 53 points on fresh buying by investors in blue-chip stocks despite a weak trend in Asia.

The 30-share index, which had lost 323.12 points in the previous four sessions, recovered 53.28 points, or 0.20 per cent, at 26,427.98.

Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 82 points to quote at 26,406.99 in early trade today on sustained selling by investors and funds amid weak Asian cues. The 30-share barometer was down 82.04 points, or 0.31%, to 26,406.99 in early trade, with sectoral indices led by consumer durables, auto, realty and banking trading lower.

Stocks: The BSE benchmark Sensex fell to mark biggest weekly loss in a month, falling 257.62 points to finish at 26,489.56, while the broader Nifty fell below the crucial 8,150-level.

The market began the week on negative note with dismal IIP data, US president-elect Trumps blunt talk on visas and surging crudeoil affecting the stocks, however, immense caution focused on two day US Fed Reserve policy meeting.

Mumbai: Sandwiched in a tight range, the Sensex closed down for the third day as prospects of more US interest rate hikes next year continue to keep investors on edge.

For the week, Sensex lost 257.62 points, or 0.96 %, and the NSE Nifty 122.30 points, or 1.48%. The weekly decline is the biggest since 18 November, when the Sensex registered a fall of 668.58 points and the Nifty 222.20 points.

Continuing to slide for the second consecutive session, the benchmark BSE Sensex fell 141 points to 26,462.18 in early trade today amid a weak trend in Asian bourses as the US Fed hiked interest rates by a quarter percentage point and indicated more to come next year.

The 30-share barometer was trading down by 140.66 points, or 0.53 per cent, to 26,462.18. The gauge had lost about 95 points in the previous session.

Mumbai: The stock market erased all its early gains on Wednesday to close in the red at 26,603, in line with subdued global indices, as investors remained tentative ahead of the crucial US Fed policy meet on whether to raise interest rate or not. Index heavyweight Coal India disappointed on the quarterly earnings front, which too soured mood, brokers said.

Retail inflation for November eased to a two-year low of 3.63% and wholesale inflation, falling for the third month, was down at 3.15%. But this was not enough to offset the worries as investors keenly waited for the outcome of the US Fed meeting later in the day.

Mumbai: Market on Tuesday shrugged off a widely expected US interest rate hike as the benchmark Sensex bounced 183 points to close at 26,698, with auto, IT, oil and gas shares keeping up the momentum. At the close, Nifty retook the key 8,200-mark, driven by gains in RIL and ONGC stocks. Consumer price index-based retail inflation is scheduled for release on Tuesday.

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