Sensex sinks 311 points; Nifty drops below 10,700-mark

The 30-share index settled 310.51 points, or 0.87 per cent lower at 35,498.44.

DBS forecasts stable loan growth this year after record 2018 profit

Loans grew 6 per cent in constant-currency terms to Singapore dollar 345 billion (USD 254.4 billion) last year.

At least partly offsetting the supply cuts has been a surge in US crude oil production by more than 2 million bpd in 2018.

The 30-share index, after rising over 100 points, fell 158.94 points, or 0.44 per cent, to 35,650.01.

The rupee had closed 7 paise lower against the greenback Friday at 71.23. On a weekly basis, it had registered a loss of 8 paise.

The infusion into the equity market comes following a pull-out of Rs 5,264 crore by foreign portfolio investors (FPI) in January.

Technology, private banks and consumer goods do well.

Silver also rose Rs 170 to Rs 40,820 per kg, supported by increased offtake by industrial units.

The 30-share Sensex after slumping 365 points, finally settled with a modest fall of 67.27 points

Crude oil for delivery in February was trading higher by Rs 35, or 0.91 per cent, at Rs 3,902 per barrel at the MCX.