New Covid variant pushes sensex, Nifty to 7-month low

Equity indices plunged nearly 3 per cent on Friday with the benchmark BSE sensex falling over 1,650 points as reports of a new Covid variant spooked investor sentiments. The 30-share BSE index tumbled 1,688 points or 2.87 per cent to close at 57,107; while the broader NSE Nifty settled 510 points or 2.91 per cent lower at 17,026.