Top laggards among the Sensex pack included Yes Bank, SBI, HDFC, Axis Bank, Kotak Bank, ITC, RIL, M&M, Tata Motors and ICICI Bank, losing up to 3.61 per cent.
Illustration: Uttam Ghosh/Rediff.com
Benchmark BSE Sensex slumped 383 points on Thursday, dragged by a sell-off in financial stocks, as August series derivatives expired amid tepid global cues.
After a highly volatile session, the 30-share Sensex ended 382.91 points, or 1.02 per cent, lower at 37,068.93. It hit an intra-day low of 36,987.35.
Similarly, the broader NSE Nifty shed 97.80 points, or 0.89 per cent, to finish at 10,948.30.
Top laggards among the Sensex pack included Yes Bank, SBI, HDFC, Axis Bank, Kotak Bank, ITC, RIL, M&M, Tata Motors and ICICI Bank, losing up to 3.61 per cent.
On the other hand, Sun Pharma, Vedanta, NTPC, ONGC, Asian Paints, Infosys and HUL were the top gainers, spurting up to 5.31 per cent.
Besides continued concerns over an impending global recession, domestic market witnessed high volatility on the back of weekly and monthly expiration of the August futures and options (F&O) contracts, experts said.
