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Indian equity benchmarks reversed gains from earlier in the session to crash on Wednesday, extending losses for the second straight day ahead of the Reserve Bank of India's latest policy meeting minutes and key US macroeconomic data.
Lingering global recession risks and China Covid fears drove the deep sell-off in domestic stocks towards the fag end of the session.
The BSE Sensex plunged 635.05 points, or 1.03 per cent, to close at 61,067.24, and the broader NSE Nifty index fell 186.20 points, or 1.01 per cent, to end at 18,199.10.
