Sensex dropped 770 points, Nifty closes below 17600

Indian benchmark indices ended lower. Sensex dropped 770 points to end at 58788.02 points. Nifty lost 220 points to close at 17560.20 points.

Except for Auto and Consumer Durables, all other indices were in the red. Nifty IT was the top losing sector. It was followed by Realty, Financials, and Oil & Gas indices.

Top gainers on Nifty:

Hero Motocorp   2.93%

Bajaj Auto   2.44%

Divis Labs   1.01%

ITC    0.99%

Maruti Suzuki    0.92%

Top Losers on Nifty:

HDFC   -3.26%

NTPC    -3.19%

SBI Life   -2.86%

Infosys   -2.72%

Grasim    -2.55%