Benchmark equity indices ended the week on a negative note, snapping a six-day gaining streak, with the Nifty 50 closing below 24,900 on all-round selling across sectors barring media and pharma.

After flat-to-negative start, indices extended the fall to end near day's low, ahead of US Federal Reserve Chair Jerome Powell’s comments at the Jackson Hole symposium tonight.

At close, the Sensex was down 693.86 points or 0.85 percent at 81,306.85, and the Nifty was down 213.65 points or 0.85 percent at 24,870.10. BSE Midcap and Smallcap indices ended lower.

For the week, BSE Sensex and Nifty added a percent each.

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.

Among sectors, media index rose 1%, and pharma index added 0.4%, while metal, IT, FMCG, oil & gas, PSU Bank, Private Bank, realty fell 0.5-1%.

In stock-specific action, Texmaco Rail shares gained on order win, R Systems share price added 6% on a Rs 400 crore acquidsition, Lokesh Machines shares added 10% on receiving registration certificate from Ministry of Defence.

Edelweiss Financial shares fell 3% on plans to sell up to 15% stake in Edelweiss Asset Management & Edelweiss Trusteeship for Rs 450 crore, Choice International added nearly 2% on winning project of Rs 140 crore, Foseco India shares rose 13% on acquiring stake in Morganite Crucible for Rs 654 crore, PTC Industries share price gained 2.5% after bagging a Rs 110 crore order from Brahmos.

More than 140 stocks touched their 52-week highs on the BSE, including Procter Gamble, UNO Minda, Lemon Tree Hotels, Paytm, JM Financial, Cummins India, HBL Engineering, HDFC AMC, Nippon Life India Asset Management, L&T Finance, CreditAccess Grameen, Apollo Hospitals, Sai Life Sciences, AB Capital, among others.