An Evening Walk Down Dalal Street, Oct 25 '18 | RIL, HDFC Twins Drag Sensex

The market erased all its previous day's gains on Thursday with the Nifty closing the last session as well as October series on a negative note. Weak global cues, muted domestic sentiments and sell-off in index heavyweights Reliance Industries and HDFC Group stocks pulled the market sharply lower.

The 30-share BSE Sensex lost 481 points intraday, but the positive European cues helped it cut some losses and Nifty end above 10,100 levels.

The Sensex was down 343.87 points or 1.01 percent to close at 33,690.09 and the Nifty shed 99.90 points or 0.98 percent to 10,124.90.

In the October series, the Nifty plunged nearly 8 percent and the Sensex dipped 7.25 percent amid crude & rupee volatility, NBFCs liquidity crisis and tepid earnings season.