Frontline indices, the Sensex and the Nifty 50, suffered strong intraday losses on Wednesday, 11 March, amid profit booking after healthy gains in the previous session.
The 30-share pack Sensex crashed over 1,000 points, or 1.3%, to fall to an intraday low of 77,161, while the NSE counterpart Nifty 50 touched the day’s low of 23,971.60, falling 1.20%.
The mid and small-cap indices, however, outperformed. The BSE 150 MidCap Index rose by 0.80%, while the BSE 250 SmallCap Index jumped more than 1% during the session.
The overall market capitalisation of BSE-listed firms dropped to nearly ₹445 lakh crore from ₹447 lakh crore in the previous session, making investors poorer by about ₹2 lakh crore in a single session.
(This is a developing story. Please check back for fresh updates.)
