Mid-market trade: Nifty down 167 pts to 24,614, Sensex tumbles over 500 pts; smallcap index beaten sharply over 3%
Bank Nifty traded 0.75 per cent lower, led by losses in index heavyweights including SBI, HDFC Bank, Kotak Mahindra Bank and Bank of Baroda among others. Paytm shares fell sharply and traded with a cut of over 3 per cent at Rs 701 even as the company turned profitable during the September quarter on the back of one-time exceptional gains.