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John Wang
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Stocks
May 22 21:15

Indian stocks close the weekly trade with losses

Finance and mining drive the market down.
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Indian stocks edged lower after the trading closure. The mining and the financial sectors were the biggest detractors.
By the time the bell rang, Nifty 50 lost 0.74%. At the same time, BSE Sensex dropped 0.84%.
Zee Entertainment saw the biggest gains the trading session, gaining 7.11% and trading at 164.90 by the end of the day. Mahindra & Mahindra went up 4.43% and stood at 426.40. Cipla added 3.31% and reached 637.
AXIS Bank suffered the biggest losses of the day, losing 5.21% and closed at 338.60. HDFC lost 5.10% and reached 1515.85. Bajaj Finserv tumbled 4.61% and reached 4330.
There were 900 falling stocks on the National Exchange. 572 stocks ended the day with gains and 102 remained flat.