August 18, 2026 07:51 am (IST)
Follow us:
Indian markets end on a choppy note on Friday
Mumbai, May 20 (IBNS) Fears of a rate hike and a weak Indian rupee pulled down markets on Friday resulting in Sensex going down by 97.82 points to 25301.90 and Nifty going down by 33.70 points to 7750.
The market was also jittery owing to regulator Securities and Exchange Board of India (Sebi) tightening guidelines on Thursday to check misuse of Participatory Notes, or P-Notes, according to media reports.
P-Notes are instruments issued by registered foreign portfolio investors (FPIs) to overseas investors, who wish to invest in the Indian stock market without registering themselves directly in India.
ITC Limited gained after posting better than expected fourth quarter results on Friday. Other stocks that ended as gainers were Adani Ports, NTPC, ONGC and Bajaj Auto while Lupin, ICICI Bank, Reliance and Tata Motors were some of the major losers.
Indian markets end on a choppy note on Friday
Mumbai, May 20 (IBNS) Fears of a rate hike and a weak Indian rupee pulled down markets on Friday resulting in Sensex going down by 97.82 points to 25301.90 and Nifty going down by 33.70 points to 7750.
The market was also jittery owing to regulator Securities and Exchange Board of India (Sebi) tightening guidelines on Thursday to check misuse of Participatory Notes, or P-Notes, according to media reports.
P-Notes are instruments issued by registered foreign portfolio investors (FPIs) to overseas investors, who wish to invest in the Indian stock market without registering themselves directly in India.
ITC Limited gained after posting better than expected fourth quarter results on Friday. Other stocks that ended as gainers were Adani Ports, NTPC, ONGC and Bajaj Auto while Lupin, ICICI Bank, Reliance and Tata Motors were some of the major losers.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
BPCL flags off first extreme weather grade diesel rake from Bina Refinery to power Indian Army’s high-altitude operations
Mon, Aug 17 2026
Chief Economic Adviser backs E10 option for older vehicles as E20 fuel transition sparks debate
Mon, Aug 17 2026
L&T secures ultra-mega order for strategic offshore development project in Middle East
Mon, Aug 17 2026
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026