Sensex Slumps Over 1,150 Points, Posts Worst Day In Over Six Months

Foreign portfolio investors have so far this month sold shares worth Rs 9,295.78 crore in Indian markets, data from National Securities Depository Limited showed.

The Indian equity benchmarks fell sharply on Thursday posting their worst single-day performance since April 12, 2021 as below-than-anticipated September quarter corporate earnings, continuous selling of Indian equities by foreign institutional investors amid heightened volatility due to monthly expiry of October future and option contracts dented investors' sentiment, analysts said. The Sensex fell as much as 1,366 points and Nifty 50 index dropped below its important 17,800, falling as much as 411 points.

The Sensex dropped 1,159 points or 1.89 per cent to close at 59,984.70 and Nifty 50 index tumbled 354 points or 1.94 per cent to close at 17,857.

Foreign portfolio investors have so far this month sold shares worth Rs 9,295.78 crore in Indian markets, data from National Securities Depository Limited showed.