Sensex, Nifty post notable losses over global tensions

Mumbai, Aug 27 (IANS) The Indian equity markets posted notable losses on Thursday, as lack of progress in negotiations surrounding the Strait of Hormuz eroded investor optimism.

At the closing bell, the Sensex was down 539 points, or 0.70 per cent on an intraday basis at 76,933. The Nifty dipped 116 points, or 0.48 per cent, to close at 24,090.