Bear grip: Sensex drops below 80,000

• India’s benchmark stock market indices fell to a two-and-a-half month low on Friday.
• The S&P BSE Sensex fell by 7.5% from its all-time high of 85,836.12 points on September 26.
• The NSE Nifty-50 index fell by 0.90% to 24,180.80 points.
• The Nifty fell for the fifth consecutive session, despite a last-hour bounce.
• Small and midcap indices fell more than the Nifty, reflecting panic among retail and high net worth investors.
• The Sensex stocks that lost most ground were IndusInd Bank (18.56%), M&M Lalatendra Mishra, Mumbai (3.93%), L&T (3.35%), NTPC (3.13%), Adani Ports (2.79%), and Tata Steel (2.15%).