Sensex tanks 770 pts to close at 58,788, Nifty ends at 17,560

Sensex, Nifty, Share Prices Highlights: Domestic markets were revisited by bears on the weekly Futures & Options expiry session. S&P BSE Sensex closed 770 points or 1.29% lower at 58,788 while the NSE Nifty 50 index dived 219 points or 1.24% to end at 17,560.

Bank Nifty closed 0.81% lower, holding just above the 39,000 mark. Broader markets closed in the red. Among sectoral indices, only Nifty Auto and Nifty Consumer Durables index closed in green. India VIX rose 2.73%, regaining 19 levels. Bajaj Auto was the top gainer, up 2.12%, followed by ITC, Maruti Suzuki, SBI, and Asian Paints. HDFC was the top laggard, accompanied by Infosys, Larsen & Toubro, and Kotak Mahindra Bank.

Source:FE