Summary:
Mumbai, Jan 27 (PTI) Equity benchmark Sensex tumbled 581 points on Thursday, in tandem with a global selloff after the US Federal Reserve signalled policy tightening from March.
A depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.
The 30-share BSE index ended 581.21 points or 1.00 per cent lower at 57,276.94.
Similarly, the broader NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.
HCL Tech was the top loser in the Sensex pack, skidding 4.17 per cent, followed by Tech Mahindra, Dr Reddy’s, Wipro, TCS, Titan and Infosys.
On the other hand, Axis Bank, SBI, Maruti, Kotak Bank, Sun Pharma and IndusInd Bank were among the gainers, climbing as much as 2.81 per cent.