Indian benchmark equity indices surrendered last week’s recovery gains in a sharp sell-off. The BSE Sensex dropped 876.37 points (-1.17%) to settle at 73,852.90, while the NSE Nifty 50 shed 257.20 points (-1.11%) to close at 22,888.95, breaching the critical 22,900 technical support level. The crash wiped out nearly ₹5 lakh crore in total BSE market capitalization.
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