Sensex tumbles 155 points, Nifty settles below 11,450

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Benchmark indices ended lower on Friday, after touching record highs for four straight sessions. The 30-share BSE Sensex closed 155.14 points lower at 37,869.23 points, on Friday while the Nifty 50 ended 41.20 points down at 11,429.50.

SBI slipped 4% after it reported a bigger-than-expected quarterly loss on Friday, as the country’s biggest lender by assets made higher provisions for treasury losses.

Asian stock markets fell on Friday while currency markets were whipsawed by a searing selloff in Russia’s rouble after the United States slapped on new sanctions.

 

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