MARKET UPDATE:Sensex dipped 570 points to 37,090 levels and the Nifty slipped below 11,000 level
Published On: Thursday, September 24, 2020 | By: Team KnowMyStock
The Indian markets started the expiry day of September(24th Sept.2020), derivative series on a feeble note, plunging over one percent, on the back of subdued global cues.
The S&P BSE Sensex dipped 570 points to 37,090 levels and the Nifty50 index slipped below the psychological level of 11,000. Mahindra & Mahindra, Bajaj Finance, Infosys, Tata Steel, and IndusInd Bank, all slipped over 2 percent and were the top Sensex laggards.
All the Nifty sectoral indices were painted red, with Nifty IT and Nifty Metal indexes, down 2 percent each, taking the biggest hit.
In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 1.75 percent and 1.9 percent lower, respectively.