Indices: Stock market update: Nifty Bank index falls 1.29%
The Nifty Bank index closed 1.29 per cent down at 42280.15.
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The Nifty Bank index closed 1.29 per cent down at 42280.15.
Indian headline indices plunged for the sixth straight session on Thursday amid strong selling pressure across sectors.
The Nifty Pharma index closed 1.02 per cent down at 14648.55.
The Nifty Auto index closed 1.59 per cent down at 15953.05.
Nifty on Thursday ended 265 points down to end the monthly F&O expiry day close to its 200-DMA at 18830 and formed a long bear candle on the daily chart. With three successive long bear candles, the index has now formed three black crows on the charts which signal more trouble in the short term