Sensex tumbles 287 points; Nifty slips below 17,650
The Hindu
PowerGrid was the top loser in the Sensex pack, followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M.
Sliding for the third straight day, equity benchmark Sensex dropped 287 points on Thursday amid losses in index majors Reliance Industries, Infosys and ICICI Bank as monthly derivatives expired.
After a volatile session, the 30-share BSE index ended 286.91 points or 0.48% lower at 59,126.36. Similarly, the NSE Nifty declined 93.15 points or 0.53% to 17,618.15.
PowerGrid was the top loser in the Sensex pack, shedding around 3%, followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M.
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