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Equity markets came under heavy selling pressure on Thursday amid feeble global cues. In the intra-day trade, the BSE Sensex tanked 927 points, while the Nifty50 slipped below the 17,700-mark.
The markets had started the calendar year 2022 on an upbeat note, with the key benchmark indices registering strong gains in each trading session so far. The BSE Sensex reclaimed its 60,000-mark for the first time since November 17, 2021 on Wednesday, while the NSE Nifty rallied nearly 8 per cent (1,311 points) in the last 12 straight trading sessions to 17,925.
Other than profit-taking given the sharp
The markets had started the calendar year 2022 on an upbeat note, with the key benchmark indices registering strong gains in each trading session so far. The BSE Sensex reclaimed its 60,000-mark for the first time since November 17, 2021 on Wednesday, while the NSE Nifty rallied nearly 8 per cent (1,311 points) in the last 12 straight trading sessions to 17,925.
Other than profit-taking given the sharp
