New Delhi, Aug. 22 -- Indian stock market benchmarks suffered sharp losses in intraday trade on Friday, August 22, due to profit booking across segments amid mixed global cues. This reflected caution among market participants ahead of US Fed Chair Jerome Powell's speech at theJackson Hole symposium.
The Sensex crashed 600 points, or 0.73 per cent, to hit an intraday low of 81,401, while the Nifty 50 dropped 0.74 per cent to fall to the day's low of 24,898.
The mid- and small-cap segments, however, suffered relatively lesser losses. The BSE Midcap and Smallcap indices declined by up to half a per cent during the session.
(This is a developing story. Please check back for fresh updates.)
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