Benchmark indices finished with losses on Friday after investors were jolted by a sudden mid-session plunge amid a massive sell-off in NBFC stocks.
The BSE Sensex, which opened on a strong footing, suddenly tanked 1,127.58 points, or 3.03 per cent, to hit a low of 35,993.64 in afternoon trade, before staging an equally sharp recovery within minutes. It finally closed at 36,841.60, down 279.62 points. The broader NSE Nifty shed 91.25 points to finish at 11,143.10.
The indices closed in the red for the fourth day in a row, during which investors lost a massive Rs 5.6 lakh crore.