Indian equity benchmarks suffered a sharp decline in morning trading on Monday, July 20, as selling pressure intensified across the market.
The BSE Sensex plunged more than 700 points, or nearly 1%, to touch an intraday low of 77,445.
The broader Nifty 50 index mirrored the weakness, dropping over 180 points to an intraday low of 24,150.
The broader Nifty 50 index mirrored the weakness, dropping over 180 points to an intraday low of 24,150.
The sell-off was driven by weak global cues that weighed on investor sentiment ahead of the open.
Livemint reported that the broad-based decline reflected continued risk aversion among domestic and foreign participants.
This marks a continuation of the downward trend that began earlier in the week.