Market erases all gains, Nifty falls below 23,300

At close, the Sensex was down 422.59 points or 0.54 per cent at 77,155.79, while the Nifty fell 168.60 points or 0.72 per cent at 23,349.90

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Benchmark indices came under pressure on Thursday, erasing all gains from the previous session, with Nifty falling below 23,300 intraday.

At close, the Sensex was down 422.59 points or 0.54% at 77,155.79, while the Nifty fell 168.60 points or 0.72% at 23,349.90.

Sensex opened at 77,711.11 against its previous close of 77,578.38 and dropped 1% to the level of 76,802.73. Further, Nifty 50 opened at 23,488.45 against its previous close of 23,518.50 and fell over a percent to 23,263.15.

Mid and small-cap segments also suffered losses as BSE Midcap and Smallcap indices ended 0.37% and 0.67% lower, respectively.