The Indian stock market suffered strong losses in intraday trading on Thursday, 22 October, with the Sensex and the Nifty 50 dropping almost 1%.
The Sensex declined over 700 points, or nearly 1%, to an intraday low of 73,005, while the Nifty 50 dropped over 250 points, or 1.1%, to the day's low of 22,555.
The selloff was widespread and even deeper in the mid- and small-cap pockets, as the BSE 150 Midcap and 250 Smallcap indices crashed up to 2%.
Equity benchmarks have been down for three consecutive sessions now. In these three sessions, the 30-share pack has declined over 1,700 points, or 2.3%, while the Nifty has crashed nearly 600 points, or 2.6%.
(This is a developing story. Please check back for fresh updates.)