Mumbai, Sep 19
Indian equity indices snapped the three-day winning streak to end the session on a negative note on Friday.
Profit booking in IT and banking heavyweights dragged the market. However, a rally in Adani group stocks post the SEBI's clean chit on US short-seller Hindenburg's allegations restricted a sharp decline in the market.
Sensex ended the session at 82,626.23, down 387.73 points or 0.47 per cent. The index started the trade a bit lower at 82,946.04 against last session's closing of 83,013.96. The index extended the downward trend further amid selling in IT and banking heavyweights. It touched an intraday low at 82,485.92.
Nifty settled at 25,327.05, down 96.55 or 0.38 per cent.
Adani Total Gas Limited's stock rose 7.55 per cent to close at Rs 652.80, Adani Power shares surged 13.42 per cent, Adani Enterprises rose 5.25 per cent to Rs 2,528, and Adani Ports and Special Economic Zone Limited's stock rose 1.15 per cent to Rs 1,429.