Indian stock market, March 3 -- After climbing to a record high on 26th September 2024, the frontline indices of the Indian stock market have remained under the sell-off heat. In the last five months, the Nifty 50 index has corrected from a record high of 26,277 to a 22,124 mark, logging 4,153 points or around a 16 per cent dip from the record high. The BSE Sensex ended at 73,198 on Friday last week, 12,780 points or around 15 per cent lower than the record high of 85,978. Likewise, the Bank Nifty index finished at 48,344 on Friday, 6,123 points or 11.25 per cent lower than the record high of 54,467.

Selling in the broader market is more profound as the BSE Mid-cap index has nosedived over 22 per cent against its record high, while the B...