The Indian stock market extended sharp losses on Thursday, with Sensex and Nifty dropping nearly 1% each as investors braced for expiry-day volatility.
Sensex dropped over 600 points to fall below 73,100 and Nifty 50 lost 224 points to fall below 22,600 on Thursday morning. The drop wiped off nearly Rs 5 lakh crore from the total market capitalisation of all companies listed on BSE, dragging it down to Rs 457 lakh crore.