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Sensex slumps 699 points; IT stocks dip amid weak global sentiments

Mumbai (Maharashtra) [India], September 1 (ANI): The Indian stock market’s key indices, Sensex and Nifty, were trading with a loss of more than one per cent in the afternoon session on Thursday dragged by heavy selling pressure in IT stocks amid weak global sentiments and concerns over economic growth.
The 30 stock SP BSE Sensex was trading 699.1 points or 1.17 per cent down at 58,837.97 points at 1.20 pm against its prev