The broader markets have crashed sharply in this latest round of sell-off. The mid-cap and small-cap indices have underperformed the benchmarks with the Nifty Midcap index down 7.5 percent in six straight sessions, as against a 5 percent fall in benchmark Nifty in this same period.
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The broader Nifty 50 of the National Stock Exchange slumped 267.75 points or 1.51 per cent to 17,490.70 points against its previous session s close at 17,758.45 points. The Nifty 50 had slumped by 198.05 points or 1.10 per cent on Friday. Sensex Sinks 872 Points; Nifty Slips Below 17,500 Points on Weak Global Cues.
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The Indian equity benchmarks on Monday extended fall to the fifth straight session amid an across-the-board sell-off. The 30-share BSE Sensex crashed 1,546 points or 2.62 per cent to close at 57,492, while the broader NSE Nifty settled 468 points or 2.66 per cent lower at 17,149. During the day, the 30-share BSE index hit an intraday low of 56,984; and Nifty touched a low of 16,998. Sensex has plunged more than 3,800 points in the last five trading sessions. Both the domestic indexes have tumbled nearly 6 per cent, respectively.