Sensex slips over 100 points; Airtel, RCom stocks gain

Kotak Mahindra Bank share price hits all-time high see what Uday Kotak said about merger with Axis Bank

While the Sensex fell 187 points or 0.53% at 34,915 level, the Nifty closed 61 points or 0.57% lower at 10,618.

The barometer 30-scrip Sensitive Index (Sensex), which opened at 35,328.91 points, traded at 35,305.92 points - up 145.56 points or 0.41 per cent - from its previous session's close of 35,160.36 points.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05 per cent, while the dollar dropped 0.06 per cent against the yen to 109.11.

Market breadth was negative with 1116 stocks closing higher against 1578 ending lower on BSE.

"Markets corrected further on Friday as the Nifty ended in the red for the third consecutive day".

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"Market was volatile even after 10-yr domestic bond yield slid and rupee strengthened following Fed's dovish monetary policy".

Sensex today: The benchmark indices openED lower on Friday tracking negative trend in Asian markets, which stepped back as financial markets turned their attention to the looming US payrolls data for fresh catalysts. The index had gained almost 12 percent in the previous month on the back of a weaker rupee and strong earnings from IT majors.

Top gainers were Kotak Bank, Maruti Suzuki, Hero MotoCorp, Hero MotoCorp, Bajaj Auto, RIL, Adani Ports, Dr Reddy's, L&T, Axis Bank, HDFC Bank and Sun Pharma, rising by up to 3.75 per cent. "Mixed earnings from corporates and valuation concerns compared to other emerging markets influenced investors to book some profit". On the other hand, the S&P BSE auto fell by 278.80 points, the healthcare stocks receded by 146.88 points and the metal index declined by 145.92 points.

Coal India, Infosys, ICICI Bank, HUL, TCS and Tata Steel were among the top losers on Sensex today, falling up to 2 per cent.

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