The 30-shares Sensex closed 382 points lower, even as the broader Nifty closed below the psychological 10,500 level as financials and NBFC stocks dragged
The domestic stock markets gave up early gains on Wednesday afternoon, tanking more than 782 points from day’s high. The BSE Sensex fell to day’s low of 34,727.14, even as shares of Maruti Suzuki, M&M, ONGC, Adani Ports fell more than 3% each. Yes Bank share price fell by 8% to hit the day’s low at Rs 228.5. A heavy sell-off was witnessed in housing financce companies, with shares of Indiabulls Housing Finance tanking 12.5% to hit day’s low of Rs 787, as liquidity fears spooked the stock markets on Wednesday afternoon.