New Delhi, Jan. 8 -- The stock market witnessed fall on Thursday as bears tightened their grip leading to the indices extending losses for the fourth consecutive session.
At close, the Sensex was down 780.18 points or 0.92% at 84,180.96, and the Nifty was down 263.90 points or 1.01% at 25,876.85.
The BSE Midcap and Smallcap indices crashed 2% each leading to investors losing about Rs 8 lakh crore in a single session. The overall market capitalisation of BSE-listed firms dropped to below Rs 472 lakh crore from nearly Rs 480 lakh crore in the previous session.
Among the sectors, all the indices ended with losses. Among the key ones, Nifty Metal was down 3.40%, Oil and Gas down by 2.84%, PSU Bank down by 2.08%, and IT was down 2%.
Nifty Ba...