Benchmark Sensex and Nifty indices tumbled over 1 percent to end Friday at 3-month lows on selling in banking, financial, utility and oil stocks prompted by an unfavorable report on Adani Group , as well as FIIs taking a cautious stance in the run-up to the Union budget.
The 30-period BSE benchmark continued its decline for a second session, shedding 874.16 points, or 1.45 percent, its biggest single-day loss in more than a month to settle at 59,330.90. This is the lowest degree…