Stock market today, May 18 -- Indian equity markets witnessed a sharp, broad-based selloff in intraday trade on Monday, 18 May, amid weak global cues and heightened risk aversion, dragging benchmark indices Sensex and Nifty 50 down more than 1% each.

The BSE Sensex plunged over 1,000 points to hit an intraday low of 74,180, while the NSE Nifty 50 slipped more than 1% to a low of 23,317 during the session.

Selling pressure persisted strongly across the broader markets, resulting in the BSE midcap and smallcap indices dropping by as much as 2.5%.

This significant drop erased nearly Rs.9 lakh crore in investor wealth in just one session, bringing the total market capitalisation of BSE-listed companies below Rs.452 lakh crore, down from ap...