The BSE Sensex slipped nearly 450 points, to give up the 60000-mark and the Nifty50 too fell below the 18000-mark, after struggling for the last two sessions.
On the back of mute global cues, the Indian markets on Thursday witnessed a jittery performance.
Even the broader markets — mid and small-cap — tumbled by 0.66 and 0.45 per cent, respectively, joining the declining party with the benchmarks.
Of all 50 scrips on the Nifty, only 8 advanced at the close, in which Titan became the top gainer to surge around 2 per cent, followed by Hindalco up over 1 per cent.
Counter from broader markets such as Monte Carlo shares hit a new 52-week high and were also locked at a 20 per cent upper circuit on the back of strong Q2 results.
While other stocks that shone in the otherwise negative market are CRISIL Ltd, Affle India, General Insurance Corporation among other mid and small-cap space stocks today.
Till 4:47 pm, the two live initial public offers — Sapphire Foods and Latent Analytic View — have been oversubscribed by 6.62 and 22.87 times, respectively.
Technical indicators suggest a volatile movement in the market,” Vijay Dhanotiya, Lead Technical Research at CapitalVia Global Research said.