Sensex slumps 324 points; Nifty drops below 11,650 on F&O expiry

Fairness benchmark BSE Sensex cracked 324 factors Thursday on heavy selloff in auto, steel, vitality and monetary shares as boiling crude costs and depreciating rupee weighed on investor sentiment. Maruti Suzuki tumbled 2.23 per cent after the nation’s largest automobile maker reported a four.6 per cent decline in web revenue to Rs 1,795.6 crore for the March quarter.

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