Markets Close: India — Today's Wrap

Nifty is down exactly 1,000 points from its August 3 high of 24,774, with the index slipping below 23,650 in the final hour of this weekly expiry session.

Money Moves

• Nifty drops ~140 pts on expiry day — The 50-share index fell below 23,650, deepening a five-week losing streak as every support level has been breached.
• Nifty Bank cracks below 57,000 — The banking gauge shed 250 points, with ICICI Bank (-1.9%) and Axis Bank (-1.8%) among the...