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Sensex drops 555 pts, Nifty below 17,650 as energy woes hit global markets

Stock market LIVE: All sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 per cent range

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MARKET LIVE | Sensex | Nifty

SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

The Indian benchmark indices snapped a two-day gaining streak to end Wednesday's session nearly 1 per cent lower. The fell 555 points to close at 59,189 amid weak cues from global as well as rising power and gas prices. The Nifty, meanwhile, closed below the 17,650-mark at 17,646, down 176 points. 

Meanwhile, Hindalco, SBI Life, IndusInd Bank, JSW Steel and Tata Steel were among the major losers on the . Tata Consumer, ONGC, UPL, Britannia and HDFC Bank were among major gainers. That said, all sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 per cent range. Further, midcap and smallcap indices fell 0.5-1.2 per cent.

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