1 min read.Updated: 07 Jan 2022, 07:30 AM ISTLivemint
Nifty 50 index and the benchmark BSE Sensex fell over 1% on Thursday, dragged by tech and realty stocks
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Indices snapped a four-session rally on Thursday dragged by technology and realty stocks. The 30-share BSE Sensex slumped 621.31 points or 1.03% to close the session at 59,601.84. Similarly, the NSE Nifty plunged 179.35 points or 1% to 17,745.90.
Nifty's realty and IT index fell the most among sectoral indexes, losing 1.5% each, while banking stocks ended a sharp rally to decline 0.6%. In value terms, RIL, HDFC twins and Infosys accounted for over half of the benchmark's losses. Tech Mahindra was the top laggard, followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC twins, Kotak Bank and Infosys.