At close, the BSE Sensex was down 693.86 points, or 0.85 per cent, at 81,306.85. The NSE Nifty50 fell 213.65 points, or 0.85 per cent, to settle at 24,870.10.

Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a dip of 34 points at 25,078.50, compared to the previous close of 25,112.50.

M&M, Bharat Electronics, Maruti Suzuki, Bharti Airtel, Titan Company were among major gainers on the Nifty, while losers were Asian Paints, Grasim Industries, Adani Enterprises, Hero MotoCorp, UltraTech Cement.

On Thursday, the BSE Sensex and NSE Nifty continued their gaining streak for the sixth straight session, registering their longest rally in two months. The 30-share Sensex rose by 0.17% to reclaim the crucial 82,000 mark, while the Nifty added 0.13% to settle at 25,083.75, as cautious prevailed in the market ahead of the Jackson Hole Symposium.

Sensex climbed more than 1,100 points at its peak and the Nifty briefly touched the 25,000 mark on Monday, lifted by easing concerns over Russian oil supplies following a meeting between the U.S. and Russian presidents,

The NSE Nifty recorded a rise of 69.90 points or 0.28 per cent, finishing at 25,050.55. The BSE Sensex closed at 81,857.84, up by 213.45 points or 0.2

Gift Nifty, an early indicator for the Nifty 50, indicated a positive start as it opened 137 points higher at 24,792, compared to the previous close of 24,655.

Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the Federal Reserve’s Jackson Hole symposium later this week.

The domestic market witnessed a volatile session as benchmark indices staged a smart recovery after flat opening in early trade taking cues of several consumption-boosting measures. The Nifty 50 has reclaimed the 25,000 mark and the Sensex also rebounded, led by strong buying in IT stocks, even as banking counters dragged in early trade.

The Indian stock markets continued on their roller-coaster of gains and losses, with the week closing on heavy selling and sharp drop in both Sensex and Nifty. The 30-share BSE Sensex tumbled 693.86 points or 0.