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Stock Market Live Updates: Losses Extended, Sensex Dips 370 Pts, Nifty Down 120 Pts; Pharma Stocks Drag

Stock Market Live Updates: Nifty and Sensex are likely to trade in the range bound manner on Friday, after continuing to make losses in the past few trading sessions. The benchmark indices ended lower on Thursday.

Stock Market Live Updates: Sensex Dips 370 Pts, Nifty Down 120 Pts; Pharmas Drag

Nifty and Sensex both started Thursday's trading session on a weak note and continued to make steady decline throughout the session with largely trading sideways. "The index slipped below the crucial 25,000 mark and managed to sustain beneath this key technical and psychological level, raising concerns of further weakness ahead. Investor sentiment remained fragile as worries over the proposed hike in US H-1B visa fees continued to dampen risk appetite," noted Ashika Institutional Equities in its report.

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"On the derivatives front, notable activity was observed in counters such as Marico, Naukri, Syngene, Crompton, and Axis Bank, indicating stock-specific opportunities despite the broader market weakness," the brokerage added.

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