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Sensex down 320 points

MUMBAI: Heavy profit booking ahead of a three-day holiday abruptly cut the five-session winning streak of the stock market on Friday, pushing the benchmark Sensex down by 320 points despite outstanding Q4 earnings from Reliance Industries. Selling was largely triggered by weak Asian cues and a cautious approach by investors due to a couple of holidays after the weekend.

The Sensex opened lower and gradually moved downward to a low of 13884.53 before ending at 13908.58, a net loss of 320.30 points or 2.25 per cent from Thursday's close of 14228.88. — PTI

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