Sensex drop 180 points, and the Nifty closed at 17,900

The BSE Sensex was down 181.17 points or 0.3% to 60,079 at the start of trading, while the Nifty50 was down 45.6 points or 0.25 to 17,898.7.

Due to weak global cues, the Indian markets opened Thursday’s session on a down note. The Nifty50 began trading below 17,900 with IT and banking being the leading laggards, while the BSE Sensex dropped almost 180 points but still managed to retain 60,000.

The BSE Sensex was down 181.17 points or 0.3% to 60,079 at the start of trading, while the Nifty50 was down 45.6 points or 0.25 to 17,898.7. The Nifty small cap increased by roughly 0.2%, while the Nifty midcap slightly declined by 0.02 percent as the broader markets began neutral.

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At the start of the market, Nifty50 saw up to 24 rises and 26 drops.