On Thursday, the BSE benchmark index, the Sensex, opened 17-odd points higher at 27,242, but soon tanked into red owing to selling pressure in select index heavyweights - like HDFC and telecom majors post Q4 earnings. The BSE index today breached the 27,000-level, and dropped to a low of 26,898. Select buying at lower levels helped the index erase some losses at close. The Sensex finally ended with a loss of 215 points at 27,011.
The NSE Nifty touched a high of 8,229 in opening trade, and thereafter dipped to a low of 8,145 in mid-noon deals. The Nifty eventually settled with a loss of 58 points at 8,182.
In the process, the NSE index ended the week with a loss of 1.5 percent (132 points) and was down 3.6 percent (309 points) on a monthly basis. The index has shed as much as 8 percent (720 points) in the last two months.
The India VIX (Volatility) index was almost unchanged at 17.23.