1612866925_q90Bev_2021_02_09T040221Z_1_LYNXMPEH18076_RTROPTP_4_INDIA_MARKETS.JPG 
The 30 share-Sensex slipped below the 60,000 mark and the Nifty50 settled below the 18,000 mark to close at 17,806, its lowest since 28 October
Photo Credit :
Indian equities posted their worst week in six months as robust US economic data on Thursday reignited concerns of higher interest rate hikes by the US Federal Reserve. A surge in Covid-19 infections in China also dented investor sentiment.
The 30 share-Sensex slipped below the 60,000 mark and the Nifty50 settled below the 18,000 mark to close at 17,806, its lowest since 28 October.
Both the indices fell over 2.4 per cent on a weekly basis. All sectoral indices declined.
The rout in Indian market on Friday emulated the overnight fall on Wall Street after a resilient final estimate of third-quarter US gross domestic product and other data fuelling worries that the Fed may not lift the pedal up on interest rate hikes.
The pharma index has outperformed the markets this week, rising 1.17 per cent, compared with a 2.53 per cent fall for the Nifty.
Metals fell the most, among major sectors, losing over 4.4 per cent on Friday on Covid-19 concerns in China, the world's largest consumer of steel.
(With Reuters Inputs)