The Indian stock market extended sharp losses on Thursday, with Sensex and Nifty dropping up to 0.6% as oil prices jumped and indices saw sharp volatility during the CAS session on Sensex’s expiry day.
Sensex dropped over 460 points to close at 73,249 and Nifty 50 lost 124 points to end the session at 22,688. The drop wiped off more than Rs 3 lakh crore from the total market capitalisation of all companies listed on BSE, dragging it down to Rs 458 lakh crore.