The Indian stock market reeled under selling pressure, with frontline indices, the Sensex and the Nifty 50, ending lower for the second consecutive session. Meanwhile, second-rung mid and small-cap indices suffered deeper cuts of over a per cent each on Thursday, November 6.
The Sensex dropped 148 points, or 0.18 per cent, to close at 83,311, while the Nifty 50 ended with a loss of 88 points, or 0.34 per cent, at 25,509.70. The BSE Midcap index fell 1.19 per cent, while the BSE Smallcap index crashed 1.53 per cent.
The overall market capitalisation of BSE-listed firms dropped to below ₹466 lakh crore from nearly ₹470 lakh crore, making investors lose about ₹4 lakh crore in a single session.
(This is a developing story. Please check back for fresh updates.)
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