Sensex, Nifty fall after late selling in choppy session; financials slump

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Key Points

Benchmark stock market indices ended lower after swinging between gains and losses, dragged down by a slump in financial and banking stocks...

The S&P BSE Sensex fell 413.24 points to 61,932.47, while the NSE Nifty 50 ended 112.35 points lower to settle at 18,286.50..

Broader market indices also ended on a mixed note as volatility spiked during todays trading session...

Sensex settled at 61932.47 losing 413 points or 0.66 percent and Nifty ended at 18286.50 sliding 112 points or 0.61 percent," said Om Kumar Mehra, technical analyst, Choice Broking...

Domestic markets have gained sharply over the past month and analysts expect the benchmark indices to keep performing well, supported by solid macroeconomic data, persistent buying by foreign institutional investors and strong Q4 growth...

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