MARKET LIVE: Indices at day’s low; Sensex falls 550 pts, Nifty tests 14,900

LIVE market updates: The Indian benchmark indices fell over 1 per cent in Friday’s noon deals after spending majority of the session within a range. The volatility index, India VIX, meanwhile rose 5 per cent to 22.7 levels. 


The S&P dipped 500 points to 50,750 levels while the index breached the 15,000-mark to trade around 14,940 levels. State Bank of India, ICICI Bank, Bajaj Auto, and Asian Paints slipped 2 per cent, each, and were the top laggards, followed by NTPC, Bajaj Auto, and State Bank of India (all down 1%). On the other hand, NTPC and Reliance Industries rose 1 per cent, each.

The Nifty sectoral indices were painted red, with Nifty Auto index, down 3 per cent, bleeding the most.

The broader fared worse, with the S&P MidCap and SmallCap indexes tumbling over 2 per cent and 1.2 per cent, respectively.

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