Markets decline in early trade; later face volatile trends

Equity indices volatile: Sensex down 342 pts, Nifty 97 pts. Axis Bank, SBI, Bajaj Finserv biggest laggards. Asian Paints, HUL, Nestle, M&M, Tata Motors, Titan major gainers. Asian markets mixed, Tokyo in green. Brent crude up 0.25%. FIIs bought equities worth ₹957.25 cr. Sensex up 0.47%, Nifty 0.46% on Thurs.

Equity benchmark indices declined in early trade on Friday amid weak cues from the Asian markets and were later trading in huge volatile trends.

The 30-share BSE Sensex declined 342.74 points to 65,639.74 after a weak beginning. The Nifty fell 97.75 points to 19,667.45.

Later, both the benchmark indices faced heavy volatility and were quoting between gains and losses.

Among the Sensex firms, Axis Bank, State Bank of India, Bajaj Finance, Bajaj Finserv, HDFC Bank and ICICI Bank were the biggest laggards.

Asian Paints, Hindustan Unilever, Nestle, Mahindra & Mahindra, Tata Motors and Titan were the major gainers.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the green.

The U.S. markets ended on a mixed note on Thursday.