Extending fall for the second straight session, Sensex ended 470 points lower at 48,564 and Nifty fell by 152 points to 14,281. In the last two sessions, Sensex has lost 1,019 points and Nifty is down 313 points
The 30-share Sensex sank 470 points, while Nifty ended below 14,300 amid weak global cues and selling pressure across sectors. HDFC Bank was among the top gainers as the lender s Q3 earnings beat estimates
Stay cautious, say analysts as Sensex, Nifty suffer biggest fall in 4 weeks
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Indian stock markets fell the most in nearly four weeks as investors booked profits after indexes hitting multiple record highs this week. The Nifty and the S&P BSE Sensex each fell over 1% to close at 14,433.70 and 49,034.67, respectively. This was the first major correction since December 21st, when markets fell over 3%.
However, Nifty rose for a third straight week, while the Sensex gained for an eleventh straight week, each gaining about 0.5%.
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