Mumbai: After consistent up move over the last three weeks, domestic equities plunged to 19-month lows during the intra-week trade, before the benchmark Sensex and Nifty regained some lost ground to end at 24,934.33 and 7,601.35, respectively.
Indian stock markets joined the global bandwagon fall after China twice suspended trading set-off by 7 per cent slide in CSI 300 index triggering circuit breaker, while, a hydrogen bomb test in North Korea sparked fresh geopolitical tension in Korean Peninsula also weighed on the sentiment.
The Chinese central bank allowing yuan's depreciation, which weakened 0.6 per cent against US dollar also spooked the investors further escalated global rout. The Sensex resumed higher at 26,116.52 and traded between a high of 26,116.52 and low 24,825.70 before ending the week at 24,934.33, showing dip of 1,226.57 points or 4.69 per cent.
The 30-share gauge had gained 1,116.47 points, or 4.46 per cent, in the previous three weeks. The NSE 50-share Nifty also slumped by 361.85 points or 4.54 per cent to end at 7,601.35. Banking shares were drubbed the most during the week losing 10.69 per cent, followed by Auto 6.99 per cent, Capital Goods 6.89 per cent, Metal 4.33 per cent, HealthCare by 3.94 per cent.
