New Delhi, Jan. 8 -- It seems that bears have taken full control of the Indian stock market, as the losses that started earlier this week were further intensified in Thursday's session, January 08, with key averages losing over 1% of their value and remaining in negative territory for the fourth consecutive day, causing them to slip below key levels.

The sell-off gripped all sectors, leaving no chance for bulls to intervene, leading to a 1% crash in the Nifty 50, which fell below the 29,000 mark to 25,876. The S&P BSE Sensex closed at 84,180, a 1% drop compared to the previous close.

Meanwhile, the broader markets felt even more heat, with both the Nifty Midcap 100 and Nifty Smallcap 100 indices plunging 2% each.

Today's crash came ami...