Market Live Updates: Sensex down 600 factors, Nifty checks 17,700-mark; Paytm lists at low cost

Share/Stock Live Updates: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) had been buying and selling round 1 per cent decrease throughout the early afternoon commerce on Thursday weighed by a sell-off throughout sectors.
At 12:40 pm, the S&P BSE Sensex was down 603.69 factors (1.01 per cent) at 59,404.64 whereas the broader Nifty 50 was buying and selling at 17,703.85, down 194.80 factors (1.09 per cent).
In the afternoon offers, HCL Tech, M&M, Tech Mahindra, IndusInd Bank, L&T, Tata Steel, Maruti Suzuki and Bajaj Finserv had been among the many high losers within the Sensex.
Among sectors, the Nifty Auto index was buying and selling over 2.5 per cent decrease pushed by Bosch, Ashok Leyland and Tata Motors. The Nifty Metals too was down practically 2.5 per cent weighed by Vedanta and Welspun Corp. The Nifty IT index too was down 2 per cent dragged by Coforge and HCL Tech.
Among right now’s new listings, Paytm made a weak debut and received listed at a lack of over 9 per cent under its concern value within the inventory exchanges. On the opposite hand, Sapphire Foods India, which operates KFC and Pizza Hut retailers, made a agency debut and received listed at a premium of 14 per cent above the problem value.

(with inputs from businesses)