Sensex drops to 56,747 and Nifty witnesees fall by 284 points to fall under 17,000

India's key equity indices on S&P BSE Sensex and NSE Nifty50 fell 1.5 per cent lower on Monday. The Sensex fell by 949.32 points while the Nifty 50 dropped by 284.45 points to reach below 17,000. The Nifty IT index displayed the worst performance in the market by falling low by 2.70 per cent. The Nifty Pharma index also dropped by 1.87 per and Nifty Auto plunged by 1.84 per cent.  
 

Market scenarios on Monday | Key points

1. The Bombay Stock Exchange (BSE) traded at 57,588 points, down 0.2 per cent day at 9.30 a.m. This further crashed by over 900 points and Sensex witnessed a drop to 56,747 points at the end of the day.

2. The National Stock Exchange (NSE) in the morning stood at 17,424 points and closed at 16,912, lower by 284.45 points

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3. IndusInd Bank, Bajaj Finserv, Bharti Airtel, Tata Consultancy Services (TCS), HCL Technologies, and Tech Mahindra were the top losers who suffered today.