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Sensex, Nifty close at four-month low; Adani stocks extend gains.
The BSE Sensex closed 502 points down, or 0.84%, at 58,909.35, while the NSE Nifty 50 ended 129 points lower, or 0.74%, at 17,321.90.
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Adani Enterprises, Adani Ports and SEZ, Coal India, BPCL and Hero MotoCorp were the top gainers in the gauge.
Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.
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Maruti Suzuki India, Axis Bank, TCS, Mahindra and Mahindra, and SBI Life Insurance were the top losers among the Nifty constituents.
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The market breadth was tilted in the favour of bears. About 1,580 stocks rose, 1,878 declined and 142 remained unchanged on the BSE.
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