Sensex swings 1,600 pts, ends below 74,000 on selloff

Sensex swings 1,600 pts, ends below 74,000 on selloff MUMBAI: Across the board selling after sensex scaled the 75K mark once again in early trades on Friday pulled the index down by 733 points or 1% to close at 73,878. Reliance Industries, L&T and HDFC Bank contributed the most to the day’s loss during which foreign funds sold aggressively. After the markets closed in India, the US said it had added about 1.75 lakh people to its labour force, much …