The Indian stock market closed on a negative note on March 13, with both benchmark indices falling for the third consecutive session. The Nifty slipped below 17,200, while the Sensex tanked 897 points.
IndusInd Bank, SBI, Tata Motors, Adani Ports, and Eicher Motors were among the major losers on the Nifty, while Tech Mahindra, Apollo Hospitals, ONGC, and HUL were the gainers. All the sectoral indices ended in the red, indicating a widespread sell-off across the board.
In addition, the BSE midcap index fell by 1.7 percent, while the smallcap index dropped by 2 percent, further contributing to the negative sentiment in the market.