Mumbai, Jan 21 (Inditop.com) Traders chose to sell at Indian equities markets Thursday, resulting in a benchmark index closing 423 points in the red.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,474.49 points, closed at 17,050.67 points (provisional), down 423.82 points or 2.43 percent from its previous close.
Heavyweight scrips L&T, ICICI Bank and RIL contributed in a big way to the drag.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,093.7 points, against the previous close at 5,221.7 points, a loss of 2.45 percent or 128 points.
Broader markets were also swept by the selling spree, with the BSE midcap index ending 2.34 percent down and the BSE small cap index falling 2.47 percent.