Markets see sharp sell-off: Nifty closes below 26,000, Small and midcaps see sharp cut |
Indian equities ended Monday’s session deep in the red. The Sensex closed at 85,102.69, down 0.71%, while the Nifty ended the day at 25,960.55, lower by 0.86%. The pressure was equally visible in banking, with the Nifty Bank closing at 59,238.55 , down 0.90%.
Both the BSE SmallCap and midcap indices plunged 2%.
The sharp fall wasn’t........