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The Sensex was down 1,330 points at 55,681, as of 11:02 am, while the Nifty-50 index was 403 points, or 2.37 percent, down at 16,582.

NIFTY below 16,600 over Omicron fears, Sensex crashes over 1,300 pts

After scientists expressed concern regarding the new variant that was discovered in South Africa, global markets took a dip.

South African COVID variant scares investors, Indian markets see big drop

The top movers in the Sensex were Reliance Industries, HDFC twins, Infosys, ICICI Bank and Larsen & Toubro. They contributed nearly 750 points to Sensex as a whole.

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NIFTY below 16,600 over Omicron fears, Sensex crashes over 1,300 pts

South African COVID variant scares investors, Indian markets see big drop

Stock Market: Sensex, Banking shares rise, Nifty ends above 17,800 for first time