Sensex Nifty Decline

Both indices below 200-DMA; equity investor losses mount to Rs 18.4 trn in 5 days

FIIs have offloaded Indian equities worth a total of Rs 98,086 crore on the stock exchanges till October 24, data from NSDL showed

Pidilite Industries' revenue from operations surged nearly 8 per cent to Rs 2,901.9 crore, as against Rs 2,689 crore in the same quarter a year ago

All BSE sectoral indices closed lower on Thursday, with telecom, power, auto, energy, utilities and realty declining as much as 3.14%

Nifty ended at 14,549, with a decline of 265 points or 1.8 per cent. Sensex ended at 49,180, falling 871 points or 1.7 per cent.

Weakness in index heavyweight Reliance Industries and banking and financial stocks was what dragged indices lower even as IT stocks, without much success, tried to cushion the fall

The BSE benchmark index tanked 3,934.72 points or 13.15 per cent to close at 25,981.24. During the trade, it hit a one-year low of 25,880.83.

Both indices have declined more than 3 per cent this week, amid a sharp pullback by overseas investors

The Sensex tumbled 770 points to end at 36,563, while the Nifty closed at 10,798, down 2 per cent, or 225.35 points

Investors are also likely to take cues from the central bank's policy, corporate earnings and monsoon