Markets saw the biggest fall in nearly two weeks with the benchmark Sensex dropping over 415 points on selling by funds in heavyweight stocks, particularly in refinery, bank and metal segments, on renewed concerns of sluggish global economic growth. The barometer, which was down by over 150 points in the previous day's trading, on Friday declined sharply by 415.27 points to 14,483.83.
Markets are under pressure and have slipped further for the second straight day.
Mkts drift lower as oil, metal, telecom, realty, financial stock drag them down.
At 0956 hrs IST, the Sensex declined 200 points to 14,849 and Nifty fell 55 points to 4,448.
Sensex rose 124 points at 14,622 and Nifty gained 32 points at 4,380.
A higher import price will also push up inflation, which is now 12.44 per cent.
By closing time, the markets had lifted up riding piggy-back on falling crude.
The Sensex is hovering in a range at lower levels, fell 93 points at 14,357 and Nifty down 33 points at 4,302.
Sensex fell 54 points at 14,189 and Nifty down 20 points at 4,263.
Tension in Russia has supported the crude rally.
