Sensex drops 984 points to 77,690; records losses for 5th session

Indian stock market recorded strong losses on Wednesday, with benchmark index Sensex plunging 984 points to close at 77,690.95. This marks the fifth straight session in which Sensex recorded losses. Nifty dropped 324 points to close at 23,559.05, marking a fall of over 10% from its all-time high level. All sectoral indices ended in the red.