Sensex ends 85 points down; Nifty settles at 11,557 dragged by banking stocks

Sensex, BSE Sensex, Sensex today, morning sensex

The 30-share BSE Sensex ended 84.96 points lower on Friday at 38,251.80, while the Nifty 50 ended 25.65 points down at 11,557.10 dragged by financial, IT and FMCG stocks amid muted trend in global markets.

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Europe edged higher alongside US equity-index futures after a mixed session in Asia as trade negotiations with China drew a blank. The dollar slipped before an address from Federal Reserve chairman Jerome Powell. The rupee, along with emerging Asian currencies, weakened against the US dollar.

 

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