Sensex, Nifty nosedive after positive start
The Indian benchmark stock market indices dropped sharply after beginning the morning journey on a positive note on Monday.
The S&P BSE Sensex crashed by 1144.71 points to reach 78,078 at around 1.46 pm.
NSE Nifty50 lost 347.05 points to bleed at 23657.7 points.
Both the indices turned red as the day progressed despite starting on a positive note.
Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services told India Today that the market is likely to be influenced by the negative factors impacting FII flows and some positive domestic factors which can support the market.
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