Taking Stock: Indices hit fresh 3-yr low as Nifty breaches 9,000; support likely at 8,555

Indian market reversed in the last hour the gains it had made during the day on March 17 tracking muted global cues. Nifty broke below 9,000 levels, while Sensex breached 31,000 as both the indices hit fresh 3-year low.

Let’s look at the final tally on D-Street on March 17 – the S&P BSE Sensex plunged 810 points to close at 30,576, while the Nifty50 plunged 230 points to end at 8967.