Fair LIVE updates: Frontline indices fell sharply on Wednesday as the monthly M&A expiration shocked market sentiment. The S&P BSE Sensex fell more than 850 points to the day’s low, while the Nifty index broke below 17,900.
Maruti Suzuki, HUL, Hindalco, Bajaj Auto and Tata Steel were the handful of index winners, while Adani Ports, Ultratech Cement, Adani Enterprises, SBI and IndusInd Bank remained the biggest laggards.
In broader markets, BSE MidCap and SmallCap indices fell 0.7 percent and 0.4 percent, respectively.
Sector-wise, only the Nifty Auto and Metal indices were in the green, at 0.09 percent and 0.14 percent respectively. On the other hand, the Nifty PSU bank index fell 1.15 percent, followed by the Nifty Bank and Pharma indices (0.75 percent each).
Under equities, shares of the food aggregator platform Zomato fell 15 percent to reach a six-month low of Rs 44.35, on the BSE amid high volumes. Read here
