Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts

The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close

Indian markets continued to witness sharp volatility amid a selloff in global equities due to fresh lockdowns in China and the hawkish stance of central banks. The benchmark Sensex opened on a weak note, losing 827 points or 1.4 per cent, and then went on to fall 1,015 points, or 1.7 per cent, over its previous day’s close. The index saw sharp recoveries and selloffs during the intra-day trade and finally ended the session at 58,766, with a decline of 770 points, or 1.3 per cent. The Nifty50, after dropping to a low of 17,468, ended the session at