May 18, 2018 05:29 PM IST | Source: Moneycontrol.com

Markets@Moneycontrol: Indices end in red for fourth straight session

L&T, Maruti, ICICI Bank, Cipla and Grasim tanked while Bajaj Finance, Bajaj Finserv, HUL, ITC and Kotak Mahindra Bank were gainers.

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Moneycontrol News 

Benchmark indices on Friday ended sharply lower due to uncertainty over government formation in Karnataka, likely fiscal imbalance due to higher crude oil prices and weaker rupee.

The 30-share BSE Sensex was down 300.82 points at 34,848.30 and the 50-share NSE Nifty fell 86.30 points to 10,596.40.

L&T, Maruti, ICICI Bank, Cipla and Grasim tanked while Bajaj Finance, Bajaj Finserv, HUL, ITC and Kotak Mahindra Bank were gainers. Nifty Midcap index fell 250 points.

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For more, watch the Markets@Moneycontrol show as Moneycontrol correspondent Uttaresh Venkateshwaran talks to Anchal Pathak about what moved the markets today.