Besides, relentless foreign fund outflows and weak trends in Asian and European peers also dragged benchmark indices lower.The BSE benchmark Sensex tanked 422.59 points or 0.54 per cent to settle at 77,155.79. During the day, it lost 775.65 points or 0.99 per cent to 76,802.73.The NSE Nifty slumped 168.60 points or 0.72 per cent to 23,349.90."The domestic market faced renewed pressure due to escalating tensions in the Russia-Ukraine conflict and heightened nuclear concerns. Additionally, the fresh Adani case with the US DoJ added to the market's woes."Although there were signs of a slowdown in FII selling, it surged again, adversely affecting market sentiment, particularly financials sector. We expect an improvement in the trend when global &amp; domestic political issues stabilise," Vinod Nair, Head of Research, Geojit Financial Services, said.Investors' wealth plummeted Rs 5.27 lakh crore on Thursday in line with markets fall following a sharp decline in Adani group stocks.

Sensex, Nifty tumble amid broad-based selloff

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.