The Indian fairness benchmarks nosedived in afternoon buying and selling on the again of a broad-based promoting stress on account of revenue taking at larger ranges. The Sensex dropped as a lot as 1,234 factors from the day’s highest degree and Nifty 50 index broke under its necessary psychological degree of 15,000 after hitting 15,300 earlier within the day.
As of two:19 pm, the Sensex dropped 601 factors to 50,714 and Nifty 50 index dived 178 factors to 14,995.
All the 11 sector gauges compiled by the National Stock Exchange had been buying and selling decrease led by the Nifty PSU Bank and Auto indexes’ 2 per cent fall.
