Markets

Falling for the fourth straight day, benchmark Sensex declined by nearly 425 points on Friday due to selling in auto, pharma and banking shares and relentless foreign fund outflows.

The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06. During the day, it tanked 623.55 points or 0.82 per cent to 75,112.41. The NSE Nifty declined 117.25 points or 0.51 per cent to 22,795.90.

In four trading days, the BSE barometer tumbled 685.8 points or 0.90 per cent while the Nifty declined 163.6 points or 0.71 per cent.

From the Sensex pack, Mahindra & Mahindra tanked over 6 per cent. Adani Ports, Tata Motors, Sun Pharma, Power Grid, Zomato, ICICI Bank, State Bank of India and UltraTech Cement were also among the laggards.

Tata Steel, Larsen & Toubro, HCL Tech, Asian Paints, HDFC Bank and NTPC were among the gainers.