Shares in European tech companies were underperforming the wider market, with the tech index of shares approaching its August low, down 1.7%. Meanwhile the STOXX 600 fell 0.8%. So far this year, European tech shares are down 24% while the wider index has lost 10.3%.

The regulator had conducted an investigation into certain transactions undertaken by DKS and his family/associates which was allegedly against the interest of the minority shareholders of Sobha Ltd.

The Nifty IT index closed 0.06 per cent up at 30036.1.

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The 30-share BSE Sensex closed down 651.85 points at 59646.15

The 30-share BSE Sensex closed down 651.85 points at 59646.15

IndusInd Bank, Apollo Hospital, Bajaj Finserv, Tata Motors and Tata Consumer were among the top losers on NSE in today's trade.

In the Nifty 50 index, 6 stocks ended in the green, while 44 stocks closed in the red in today's trade.