Sensex slumps 700 pts, Nifty below 21,350; LTIM dips 11%

Equity benchmark indices resumed their slump on Thursday, tracking subdued global sentiment. The BSE Sensex fell 400 points to 71,097 and the NSE Nifty shed 150 points to 21,418.

Asian Paints, Power Grid, HDFC Bank were the top losers on the Sensex, down 3-5 per cent. LTIMindtree, meanwhile, tanked nearly 10 per cent to lead losses on the Nifty50.

On the flip side, Tata Motors, Reliance, L&T, Adani Ports, ONGC and Apollo Hospitals were among the few frontline gainers.

The BSE MidCap index shed 0.11 per cent while the SmallCap pocket held gains of 0.34 per cent.