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Live News EQUITY ARTICLE M impact

Bank Nifty Falls Nearly 3%, Slips Below 55,000

The Indian banking index fell nearly 3% and moved below 55,000.

BANKNIFTY

New Delhi, Oct. 25 -- Indian equity benchmarks extended their losses in a holiday-truncated week, with the BSE Sensex falling 2.15% and the NSE Nifty 50 declining 2.36%. The Sensex shed 1,605.44 points, while the Nifty 50 lost 546.15 points over the four trading sessions.The selloff, triggered by s…