An evening walk down D-St: Sensex, Nifty fall 1%; investors lose Rs 1.85 lakh crore in a day

A sharp selloff in the Indian market resulted in losses to the equity benchmarks for the third consecutive session on October 1 as worries over a crisis in the banking and NBFC space deepened.

The market opened higher but failed to hold altitude, with the health of banks and NBFCs weighing on investor sentiment.