Sensex tanks over 600 points, Nifty tumbles as major tech stocks tumble

Benchmark market indices fell sharply at the end of Thursday's trading session as major IT stocks plunged.

India's blue-chip stock indexes saw hefty losses for a third straight session on Thursday as inflation and policy tightening fears continued to pressure technology stocks, while heavyweight Bajaj Finserv dropped after reporting a lower quarterly profit.

The blue-chip NSE Nifty 50 index ended 1.01% lower at 17,757 and the S&P BSE Sensex fell 1.06% to 59,464.62, both registering their lowest closing level in two weeks.