Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
- State Bank of India, ITC, Nestle, Asian Paints, Tech Mahindra, Mahindra & Mahindra, TCS were the major laggards.
- HCL Technologies, Power Grid, Sun Pharma were among the top gainers.
- Asian peers in Seoul, Shanghai and Hong Kong also settled lower.
Indian equity benchmarks, the
The Nifty declined 197.80 points or 0.91% to 21,513.
Among the Sensex firms, State Bank of India, ITC, Nestle, Asian Paints, Tech Mahindra, Mahindra & Mahindra, Tata Consultancy Services and Hindustan Unilever were the major laggards.
In contrast, HCL Technologies, Power Grid, Sun Pharma, NTPC, Bajaj Finance and Titan were the gainers.
In Asian markets, Seoul, Shanghai and Hong Kong settled lower. Japan’s Nikkei was closed for a holiday.
European markets were trading lower. The US markets ended marginally up on Friday.
“The market witnessed widespread selling as the euphoria over early rate cuts may diminish due to the better-than-expected non-farm payroll data from the US and the consequent rise in the US 10-year yield. In the near term, investors’ trade positions will be more inclined towards the upcoming result season,” said Vinod Nair, Head of Research at Geojit Financial Services.
Global oil benchmark Brent crude declined 1.21% to USD 77.81 a barrel.
Foreign Institutional Investors (FIIs) bought equities worth Rs 1,696.86 crore on Friday, according to exchange data.
The BSE benchmark jumped 178.58 points or 0.25% to settle at 72,026.15 on Friday. The Nifty climbed 52.20 points or 0.24% to 21,710.80.
(With text input from PTI)
I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.
