Market Roundup: Sensex erases gains in late selloff; bank, financial stocks weigh

Mumbai: Equity benchmarks nursed losses for the second consecutive session on Friday as investors offloaded banking, finance and consumption stocks amid mixed global cues. The BSE Sensex, which opened on a firm footing, came under fag-end selling pressure and closed at 38,845.82, down 134.03 points or 0.34 per cent. Similarly, the broader NSE Nifty slipped 11.15 points or 0.10 per cent to finish at 11,504.95.