Final Trade: Heavy selling in the stock market; Sensex 500 closed down

Share Market: On Friday, a sharp decline was recorded in the stock market from the upper levels. BSE Sensex closed down 505 points at 65,280. Nifty also fell 165 points to close at 19,331. FMCG and banking stocks were at the forefront of the softening of the market. While vigorous buying was recorded in media stocks. Media index on NSE rose more than 3%.