MARKET LIVE: Sensex down 250pts, Nifty50 under 18,350; M&M, ITC slip 1%



Key indices Nifty50 declined over 50 factors to commerce under 18,350 ranges, whereas the S&P BSE Sensex lowered over 300 factors to commerce at 61,480 ranges.

Broader markets, too, adopted go well with as Nifty MidCap 100 and Nifty SmallCap 100 indices fell as much as 0.5 per cent. Volatility gauge, India VIX, in the meantime, shot over 1 per cent.

All sectors drowned within the sea of crimson, with Nifty IT index declining over 1 per cent in commerce.

Amongst particular person shares, shares of GMM Pfaudler plunged 18 per cent after over 11 million fairness shares of the corporate modified arms on the bourses through block offers. READ MORE

In addition to, shares of ITC fell 2 per cent to hit a two-month low of Rs 331.90 amid sell-off in fairness markets. READ MORE

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