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Stock Market Highlights: Sensex ends 704 pts lower, Nifty50 sinks below 17,000; HDFC twins, Infosys tank – CNBCTV18

Market At Close | Sensex, Nifty50 near day’s lows

Here are some highlights:

–Nifty below 17,000 for first time in one month

–Banking stocks fail to hold on to gains

–IT basket remains weak amid Q4 earnings; Nifty IT down eight percent in 2 days

–FMCG falls sharply in last few minutes of trade; Tata Consumer top loser

–Reliance Industries rises four percent as Singapore GRM hits 5-year high

–Mindtree, L&T Infotech extend losses following report of merger, down 8-9 percent

–Chambal Fertilisers reverses Monday’s gain, down 10 percent

–Insurance stocks fall after March business updates; ICICI Prudential, HDFC Life down five percent

–Market breadth favours bears; advance-decline ratio at 2:5