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Sensex Posts Weekly Gain Of 159 Points, Nifty Holds 11,900: Highlights

The S&P BSE Sensex touched an all-time high of 40,749.33 before returning to the negative zone
The S&P BSE Sensex touched an all-time high of 40,749.33 before returning to the negative zone

Domestic stock markets suffered sharp losses to break a two-day record-setting spree. The S&P BSE Sensex index and the broader NSE Nifty benchmark started the session lower tracking weakness in Asian peers, and pushed higher briefly in the afternoon with the 30-scrip index hitting an all-time high of 40,749.33 before returning to the negative zone. Buying in banking stocks was outweighed by a selloff across sectors led by pharmaceutical and consumer goods stocks in a volatile session. The NSE's India VIX index - which measures the market's expectation of volatility in the near term - spiked more than 5 per cent during the session. The Sensex finished the week with a gain of 158.58 points - or 0.39 per cent - and the Nifty added 17.55 points (0.15 per cent).

Here are highlights of the movement in domestic stock markets (Sensex and Nifty) today: