Sensex tanks 542 points on blue-chip sell-offs

Equity markets fell on Thursday, with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and foreign fund outflows.

- TDG NETWORK

Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark tanked 542.47 points, or 0.66 per cent, to settle at 82,184.17. During the day, it tumbled 679.42 points, or 0.82 per cent, to 82,047.22.

As many as 2,410 stocks declined, while 1,645 advanced and 166 remained unchanged on the BSE.

The 50-share NSE Nifty dropped 157.80 points, or 0.63 per cent, to 25,062.10.

From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards.

However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.