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Here's how the stock market fared on Wednesday.
The NSE Nifty 50 ended 324.40 points, or 1.36% lower at 23,559.05 and the BSE Sensex closed 984.23 points, or 1.25% down at 77,690.95.
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HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd., and Mahindra & Mahindra Ltd. dragged the Nifty the most.
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NTPC Ltd., Hindustan Unilever Ltd., Tata Motors Ltd. and Britannia Industries Ltd. contributed the most to the Nifty's gains.
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All the NSE sectoral indices declined, with the Nifty Realty and PSU Banks falling the most.
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Broader markets widely underperformed benchmarks as the BSE MidCap and SmallCap closed 2.56% and 3.08% lower, respectively.
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The market breadth was skewed in the favour of the sellers, as 680 stocks advanced, 3,290 declined and 97 remained unchanged on the BSE.
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The Indian rupee closed flat at 84.38 against the dollar.
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