Sensex closes 199.1 pts down

Mumbai, May 07: A benchmark index for Indian equities closed 1.17 percent lower Friday.

On what was a volatile and eventful trading day, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,939.58 points, shut shop at 16,788.43 points (provisional) 199.1 points or 1.17 percent lower than its previous close.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed at 5,030 points, a loss of 1.2 percent or 60.85 points from its previous close.

Broader markets saw a greater sell-off with the BSE midcap index ending 2.45 percent down and the BSE smallcap index closing 3.04 percent lower.

—Agencies