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Stock Market: Sensex, Nifty ends lower for third day in a row

Mumbai: The Indian equity benchmarks  slipped down  for  third day in a row. BSE Sensex shed  1,024 points or 1.75% to close at 57,621. NSE Nifty dropped 303 points or 1.73% to settle at 17,214.

Nifty Midcap 100 index fell 1.03% and small-cap shares moved 1.34% lower. 14 out of 15 sectoral gauges compiled by the NSE  finished lower. The overall market breadth of BSE was negative as  1,412 shares advanced while 2,098 declined.

Also Read: Bank lowers interest rates on savings account 

The top gainers in the market were PowerGrid, ONGC, Tata Steel, NTPC and SBI. The top losers in the market were HDFC Bank, L&T, Bajaj Finance, Bajaj Finserv, Titan, Kotak Mahindra, Tata Consumer Products, Britannia and HDFC.

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