Mumbai
The 30-share BSE index ended 740.19 points or 1.51 per cent lower at 48,440.12, and the broader NSE Nifty declined 224.50 points or 1.54 per cent to 14,324.90.
Maruti was the top loser in the Sensex pack, shedding around 4 per cent, followed by Bharti Airtel, HUL, NTPC, Bajaj Finance, UltraTech Cement, ONGC and Reliance Industries.
On the other hand, Dr Reddy’s, ICICI Bank, L&T and HDFC were the gainers.
Domestic equities fell as prevailing concerns with regards to sharp rise in COVID-19 cases have clearly dented investors’ sentiments, said Binod Modi, Head - Strategy at Reliance Securities.
Barring financials and metals, all key sectoral indices ended in red.
Further, futures and options (F&O) expiry factor also contributed to volatility, he noted, adding that market capitalisation of domestic market slipped below ₹200 trillion first time after February 3, 2021, resulting in wealth erosion of over ₹5 trillion in last two days.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android