Stock market LIVE updates: Frontline indices sharply slumped on Wednesday as the monthly F&O expiry jolted market sentiment. The S&P BSE Sensex fell over 850 points to the day’s low, while the Nifty index broke below 17,900.
Maruti Suzuki, HUL, Hindalco, Bajaj Auto and Tata Steel were the handful of index gainers, while Adani Ports, Ultratech Cement, Adani Enterprises, SBI, IndusInd Bank remained top laggards.
In the broader markets, the BSE MidCap and SmallCap indices dropped 0.7 per cent and 0.4 per cent, respectively.
Sectorally, only the Nifty Auto and Metal indices were in the green, up 0.09 per cent and 0.14 per cent, respectively. On the downside, the Nifty PSU bank index fell 1.15 per cent, followd by the Nifty Bank and Pharma indices (down 0.75 per cent each).
Among stocks, shares of food aggregator platform Zomato plunged 15 per cent, hitting almost six-month low of Rs 44.35, on the BSE amid heavy volumes. Read here
