Benchmark indices lose over 1% each with Nifty below 17,900


Indian benchmark indices started the day lower and then further deepened the cuts dragged by banking stocks. Nifty ended at 17,891.95 down 1.25%, or 226 points, while Sensex closed at 60,205, lower by 773.69 points, or 1.27%.

Except a handful of stocks such as HUL, ITC and NTPC, all other stocks closed in the red. SBI, IndusInd Bank, HDFC Bank and Axis Bank were the top losers. On the hand, HUL, Maruti and Tata Steel were the top gainers on Sensex.


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