Summary:
Mumbai, Jan 21 (PTI) Extending its losses for the fourth straight session, equity benchmark Sensex slumped 427 points on Friday, tracking weakness in Bajaj Finserv, L&T and Infosys amid a widespread sell-off in global markets.
Relentless foreign fund outflows further weighed on the bourses, traders said.
The 30-share BSE index ended 427.44 points or 0.72 per cent lower at 59,037.18.
Similarly, the NSE Nifty plunged 139.85 points or 0.79 per cent to 17,617.15.
Fag-end buying in some select blue-chip counters helped the bourses limit the losses.
Bajaj Finserv was the top laggard in the Sensex pack, shedding 5.37 per cent, followed by Tech Mahindra, Tata Steel, Bharti Airtel, L&T, IndusInd Bank, Bajaj Finance and Infosys.