Frontline indices the Sensex and the Nifty 50 extended losses for the fifth consecutive session on Friday, January 9, as persisting concerns over foreign capital outflow, geopolitical tensions, and caution ahead of the Q3 earnings kept investors away from riskier equities.
The Sensex fell nearly 500 points, or more than 0.50%, to an intraday low of 83,707.98, while the Nifty 50, too, dropped by more than half a per cent to an intraday low of 25,735.15. The BSE Midcap and Smallcap indices dropped by over a per cent each.
In these five sessions, the Sensex has crashed over 2,000 points, or nearly 2.5%, while the Nifty 50 has fallen by 2.3%.
(This is a developing story. Please check back for fresh updates.)
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