In the barometer index, the S&P BSE Sensex, dropped 662.87 points or 0.83% to 79,402.29. The Nifty 50 index slipped 218.60 points or 0.90% to 24,180.80.
Even if the Nifty 50 manages to rebound towards the 24,500-24,600 hurdles, the sustainability of those levels is doubtful as the market still favours a 'sell on rally' strategy. The Bank Nifty ...