Frontline indices, the Sensex and the Nifty 50, suffered strong losses in morning deals on Tuesday, February 24, as investors booked profits across sectors, tracking weak global cues.
The Sensex crashed more than 800 points to hit an intraday low of 82,481, while the NSE counterpart Nifty 50 breached below 25,500 on the downside.
The sell-off was broad-based, with the mid- and small-cap indices dropping by up to 1%.
Investors lost over ₹4 lakh crore within just half an hour of the session, as the overall market capitalisation of BSE-listed firms fell to ₹465 lakh crore around 9:45 am, from ₹469 lakh crore in the previous session.
(This is a developing story. Please check back for fresh updates.)