Indian markets registered sharp losses on Thursday for the sixth straight session as the coronavirus pandemic kept domestic investors jittery after a global selloff in stocks.
The S&P BSE Sensex closed down 1,114.82 points or 2.96% down at 36,553.60, while the NSE Nifty 50 index ended 326.30 points or 2.93% lower to close at 10,805.55. These are their lowest levels since July 16, according to NDTV.
Stocks of IndusInd Bank fell 7.1% and performed worst on the Sensex, followed by Bajaj Finance (6.63%) and Mahindra and Mahindra (6.37%). Only the stocks of Hindustan Lever gained, while all others performed poorly on the index.
Reliance, which has gained nearly 6% so far this month following two investments in its retail unit, fell 1.6% in the Nifty50 index on Thursday. Meanwhile, Tata Consultancy Services fell 5.45% after the Shapoorji Pallonji Group on Tuesday said it would…