Indian benchmark indices closed in the deep red today as investors remained jittery ahead of an important US jobs report that could determine the speed and size of US Fed rate cut in the coming days. 

At closing, the Sensex was down 1,017 points or 1.24% at 81,183 and Nifty was down 292 points or 1.17% at 24,852.

Due to a sharp fall, the market cap of all listed firms on the Bombay Stock Exchange (BSE) declined by nearly ₹5.3 lakh crore to ₹460.04 lakh crore. On Thursday it was ₹465.3 lakh crore.

In the Sensex pack, SBI, ICICI Bank, NTPC, HCL Tech, Reliance, Tata Motors, ITC, Axis Bank, Infosys, L&T, M&M, Maruti Suzuki, Ultratech Cement and Wipro fell the most.

Bajaj Finance, Asian Paints, JSW Steel and HUL contributed the most. Selling was seen in all sectors.

Auto, PSU banks, fin service, media, energy, private banks, infra, realty and FMCG indices were the top losers.

Nifty midcap 100 index was down 946 points or 1.59% at 58,501 and Nifty smallcap 100 index was down 244 points or 1.25% at 19,276.

The Foreign Institutional Investors (FIIs) turned net sellers on September 5 as they sold equities worth Rs 688 crore, while domestic institutional investors bought equities worth ₹2,970 crore on the same day.

(This story was taken from a syndicated feed and was only edited for style by Gujarat Samachar Digital staff)