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Dalal Street ended in the red on weekly expiry day, with the Sensex and Nifty losing over 1% each and the Nifty slipping below the 23,000 mark. The fall was broad-based, with two stocks declining for every one that advanced, while India VIX jumped 6% as nerves returned. Midcaps and smallcaps extended their losing run to a fourth straight session. Bank Nifty also ended lower, dragged by Axis Bank and Yes Bank, with Yes Bank down 20% in just three sessions, even as PSU banks like PNB, Union Bank and Canara Bank held up better on the back of their Q2 results. Tune in to Closing Bell LIVE for a full breakdown of how the market slid from higher levels, the sectors and stocks that moved the most, global cues, crude and the rupee, plus the top Nifty 50 gainers and losers.
Closing Bell LIVE | Sensex, Nifty Fall Over 1%: Why Midcaps And Banks Are Under Pressure
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Brent Oil at $109 | Asian Tech stocks Rebound | Jio Platforms To Raise over 30,000cr