Why stock market is down today

Sensex plunges over 700 pts, Nifty slips below 24,850

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Indian equity benchmarks tumbled on Friday, with the Sensex plunging over 700 points intra-day

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the Nifty50 slipping below the 24,850 mark

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The sell-off was led by financial stocks, particularly Bajaj Finance

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As of 12:28 pm, the BSE Sensex was down 720 points, or 0.88%, at 81,464

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the Nifty50 fell 241 points, or 0.96%, to 24,821.

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