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Stock market LIVE updates: Frontline indices sharply slumped on Wednesday because the month-to-month F&O expiry jolted market sentiment. The S&P BSE Sensex fell over 850 factors to the day’s low, whereas the Nifty index broke beneath 17,900.
Maruti Suzuki, HUL, Hindalco, Bajaj Auto and Tata Steel have been the handful of index gainers, whereas Adani Ports, Ultratech Cement, Adani Enterprises, SBI, IndusInd Bank remained prime laggards.
In the broader markets, the BSE MidCap and SmallCap indices dropped 0.7 per cent and 0.4 per cent, respectively.
Sectorally, solely the Nifty Auto and Metal indices have been within the inexperienced, up 0.09 per cent and 0.14 per cent, respectively. On the draw back, the Nifty PSU financial institution index fell 1.15 per cent, followd by the Nifty Bank and Pharma indices (down 0.75 per cent every).
Among shares, shares of meals aggregator platform Zomato plunged 15 per cent, hitting nearly six-month low of Rs 44.35, on the BSE amid heavy volumes. Read here
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