After opening more than 1,100 points lower at 79,029, the index initially recovered half the losses. However, consistent selling pressure pushed it down further, and it closed at 79,218.05, down 964.15 points or 1.20%. Similarly, the NSE's Nifty dropped 247.15 points or 1.02%, closing at 23,951.70.With Thursday's losses, the Sensex has shed over 2,900 points or 3.55% across four straight sessions, slipping below the 80,000 level for the first time in 14 sessions. Similarly, the Nifty has declined over 800 points or 3.3%, ending below the 24,000 mark for the first time in 15 sessions."We believe that short-term market sentiment remains weak; however, due to temporary oversold conditions, we could see a quick pullback rally from the current levels," said Shrikant Chouhan, Head of Equity Research at Kotak Securities.Broader indices, including the BSE Midcap and Smallcap, outperformed the benchmarks as their losses were relatively lower at 1.55% and 1.56% respectively, over three sessions.

Dalal Street joins global sell-off

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