The BSE Sensex fell 983.58 points to close at 48,782.36 and the NSE Nifty 263.80 points to close at 14,631.10 points.
The market was open only on the red mark
The market opened with a red mark on the last day of the week after a four-day boom. On Friday, the market saw a declining trend. At 9.16 in the morning, the Bombay Stock Exchange's major index Sensex was trading down by 450 points, while the Nifty fell by 126 points.
The Sensex was trading at 49309.64, down 456.30 or 0.92 percent, while the Nifty was trading 126.90 points or 0.85 percent down at 14768. Explain that the market started the week with a green mark, but after four days of boom, now the market saw a sharp decline.