Sensex Dives Over 1,050 Points; ITC, ICICI Bank Weak

The equity benchmarks have extended their intra-day losses and are hovering near the lows of the day on Thursday in late deals, ahead of October F&O expiry.

The BSE Sensex is trading at 60,090.95, lower by 1,052 points or 1.72 per cent and the NSE Nifty is at 17,880.60, down 330 points or 1.81 per cent. The broader markets are also trading weak, with the BSE Midcap index losing 1.48 per cent and the BSE Smallcap index losing 1.51 per cent.

On the stock-specific front, ITC has nosedived more than 5 per cent to ₹ 225.45 to top the losers list on the BSE. Post market hours on Wednesday, the FMCG-to-hotel major reported a net profit of ₹ 3,697 crore for the September quarter compared to ₹ 3,252.62 crore in the corresponding period last year, marking a growth of 14 per cent on a year-on-year basis. The cigarette segment reported a 10.2 per cent growth in revenue at ₹ 5,642 crore compared to ₹ 5,121 crore in the corresponding quarter last year.