Stock Market Updates: Sensex Cracks 845 pts, Nifty Slides To 21,800; HDFC Bank Down 6%

News Snapshot:

Sensex Crash: Equity benchmark indices Sensex and Nifty are off to a weak start to Wednesday’s trade as the 10-year treasury yield in the US ticked over 4 per cent. The BSE Sensex tanked 700 points to crack below 72,000 and the Nifty pulled back by 385 points to 21,650. HDFC Bank led losses among largecaps, sinking over 5 per cent after its Q3 profit rose 2.5 per cent QoQ to Rs 16,373 crore. Axis Bank, Wipro, Tata Steel, Hindalco, Tata Motors and Bajaj Auto were next top losers on the fronltine indices. On the flip side, Reliance, ITC, Nestle,...