Sensex ends 1,747 points lower, Nifty sinks below 16,850 amid global sell-off; Tata Steel, Hdfc, Sbi Waste 6%

market at the end | Nifty takes its biggest hit in 10 months and turns negative for 2022

Here are some highlights:

–Nifty Bank falls 1,609 points to 36,909

–Midcap Index falls 1,171 points to 28,559

–Broader markets confirm correction; Midcap index down 14 percent from all-time high

–Nifty Bank down 11 percent from all-time high

– Sensex, Nifty is down over 9 percent from record highs hit in October 2021

–The market falls in line with its global peers amid rising geopolitical tensions

–BSE listed companies erase market capitalization of nearly Rs 9 lakh crore

–Market breadth clearly in favor of bears; Forward to fall ratio at 1:10

–All industry indices down; Volatility index increases by 23 percent

–Except TCS, all nice stocks in the red; JSW, HDFC Life, ITC Top Losers

–TCS rises after share buyback deadline announced

–Diagnostic companies see sharp decline after disappointing third quarter; Metropolis falls 15 percent, Dr. Lal by 5 percent, Thyrocare by 9 percent

–Cummins, Gujarat Gas are among the few mid-cap stocks in the green

–Muthoot Finance, Manappuram Finance slip after Q3 earnings miss Street estimate

–Hindustan Copper, LIC Housing, Strides, GMR, Rain Industries are the top midcap losers

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