A morning walk down Dalal Street | All eyes on state elction results, RBI Governor's resignation to weigh in

Bears took control of D-Street from the word go as Sensex and Nifty recorded their biggest 1-day fall in the past 2-month. The Nifty50 has turned negative for the year 2018.

Both Sensex and Nifty gave up their crucial support levels. The S&P BSE Sensex breached below its crucial support placed at 35000 while the Nifty50 broke below 10,500 levels which suggests more pain ahead. 

Weak global cues, reactions to exit polls as well as weak rupee weighed big on Sensex and the Nifty. The final tally on D-Street: The S&P BSE Sensex plunged by 713 points to close at 34,959 while the Nifty50 closed 205 points down at 10,488.

Investors lose Rs 2.64 lakh crore as Dalal Street bleeds; realty stocks hit the most 

The Indian rupee on December 10 tumbled 50 paise to close at 71.32 against the US dollar as nagging worries on the global trade war front and uncertain crude prices hurt forex market sentiment.

On the institutional activity, FPI buys Rs 116 cr in Indian markets while DIIs sold Rs 145 crore, according to provisional data.