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Benchmarks traded on a volatile note throughout the day on Friday and ended in red due to the heated scenario between the United States and China over import tariffs which led to global trade war fears. Moreover, banking stocks fell further after CBI filed two more fraud cases involving Union Bank of India and State Bank of India.The S&P BSE Sensex ended at 32,597, down 410 points while the broader Nifty50 index settled at 9,998, down 117 points. Overall, Adani Ports & Special
Economic Zone, Power Grid, Infosys and Mahindra & Mahindra were the top gainers whereas, Yes Bank, Axis Bank, ICICI Bank, SBI and Tata Motors DVR
were the top losers.
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