After selling in banking and IT companies amid a sluggish trend in global markets, the stock market indexes Sensex and Nifty ended today’s session in the red. For the second day in a row, the market has fallen. The BSE Sensex dropped 125.65 points on Friday, or 0.19%, to settle at 66,282.74. 16 Sensex components decreased, while 14 increased.

Yesterday morning, the Sensex started the day down and dropped over 513 points in morning trades to close at 65,895.41. The jump in car stocks has, however, lessened the losses suffered by the Sensex. A high of 66,478.90 was set by the Sensex just before the market closed. The NSE’s Nifty closed at 19,751.05. Its components ended the day with a net loss of 42.95 points, or 0.22 percent, with 23 closing in the black. BSE Smallcap was down 13.67 points or 0.04% to 38,184.83 while Midcap dropped 17.11 points or 0.05% to 32,305.62.

The day after TCS, the largest software exporter in the nation, released mixed quarterly results for the July-September quarter, the company’s shares dropped 1.89%. Its net profit for the September quarter increased 8.7% year over year, while its revenue increased 8%. Brokerage firms said that its operational performance was inconsistent.

The Sensex’s largest loser was Infosys, which dropped 2.29% prior to the release of its financial results after the market closed. Prior to the findings, HCL Technologies also decreased by 1.75%.

At the same time, shares of Asian Paints, Kotak Bank, Bharti Airtel, Nestle, Bajaj Finance, and Nestle finished higher. Power Grid, M&M, JSW Steel, and Tata Steel have made progress in a similar manner.

The BSE has data that shows foreign institutional investors (FIIs) sold shares on Thursday worth Rs 1,862.57 crore.

Due to an increase in crude oil prices overseas and a decline in the stock market, the rupee lost 2 paise to end the day at 83.26 provisional versus the dollar.

The Indian rupee started out today’s interbank forex trading at 83.25 and fluctuated within a narrow range until finishing provisionally at 83.26 versus the US dollar. In contrast, the rupee dropped 2 paise at the closing on Thursday.