LIVE MARKET: Sensex drops 600 points, Nifty gives 11k; IT, metals crawl


stock Exchange

Stockbrokers react to BSE Sensex share prices (Photo: Kamlesh Pednekar)

Indian markets were weak on the expiration day of the September derivatives series, falling more than one percent, due to subdued global signals.

The S&P BSE Sensex fell 610 points to 37,020 levels and the Nifty50 index fell below the psychological level of 11,000. Mahindra & Mahindra, Bajaj Finance, Infosys, Tata Steel and IndusInd Bank fell more than 2% and were the main laggards for Sensex.

All of the Nifty sectoral indices were painted red, with the Nifty IT and Nifty Metal indices, down 2 percent each, being the worst hit.

In the broader market, the S&P BSE MidCap and SmallCap indices were trading 1.75% and 1.9% lower, respectively.

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