Indian equity markets witnessed a sharp decline in midday trading as heavy selling in IT, media and realty stocks dragged indices lower. The Sensex fell over 1,100 points while the Nifty slipped near the 25,400 mark. Market breadth remained weak with significantly more declining stocks than advancing ones.
BSE Sensex Crashes 1,100 Points; Nifty 50 Slips Below 25,500
Mumbai: The Indian stock market witnessed a sharp decline on Tuesday. Major indices came under pressure due to heavy selling in the IT, media, and realty sectors. The BSE Sensex fell by more than 1,100 points in afternoon trading, while the Nifty 50 also slipped to around the 25,400 level.
Around 1 pm, the Sensex was trading at 82,193.85, down 1,100.81 points, or 1.32 percent. The Nifty fell 305.95 points, or 1.19 percent, to 25,407.05.
