Sensex erases all gains, Nifty ends below 8,900; broader markets fall 1%

Realty index was the biggest sectoral laggard, down over 4% dragged by DLF, down 8.1%

Benchmark indices pared early morning gains to end the day in red dragged by realty, pharma and telecom stocks.
 
Both Nifty and Sensex slipped over 1% from day’s high at close. Sensex fell over 300 points while the broader Nifty50 index was down over 100 points from day’s high.
 
During the early morning trade, the indices reached their 2-year high supported by global cues after the Dow Jones index closed above 21,000 mark for the first time ever as investors were encouraged post President Donald Trump's first speech to Congress. S&P BSE Sensex rose as much as 0.5%