India, May 29 -- Indian benchmark indices witnessed a dramatic sell-off in the final hour of trade on Friday, with the BSE Sensex plunging 1,092.06 points to settle at 74,775.74 and the NSE Nifty dropping 359.40 points to close at 23,547.75.

The benchmarks had traded in positive territory for much of the session, buoyed by easing concerns over tensions in the Middle East and strength in select technology stocks. However, sentiment reversed sharply after 3 pm, triggering a broad-based sell-off that erased earlier gains and dragged both indices to their day's lows by the closing bell.

Published by HT Digital Content Services with permission from Hindustan Times....