Sensex plunges nearly 900 points: What triggered Friday’s bloodbath on D-Street?

Benchmark stock market indices plunged at the end of Friday's trading session. Sensex closed nearly 900 points lower, while Nifty 50 ended the session below 17,000.

Benchmark stock market indices plunged sharply on Friday, marking the end to a volatile week. Benchmark indices S&P BSE Sensex and NSE Nify 50 had barely managed to break a four-session losing streak on Thursday, but failed to keep the momentum today.

At Friday’s closing, the Sensex ended barely above 57,000 as it fell 889.40 points or 1.54 per cent, while the Nifty 50 ended below 17,000 after shedding 200 points. The India VIX, which is the gauge that measures market volatility, rose nearly 3 per cent as several factors continue to weaken investor sentiment.