Market posted its worst single-day fall in nearly one month as the benchmark BSE Sensex plunged by 205 points to 27,710.52 after earnings of HDFC Bank and Kotak Mahindra Bank raised concerns over bad loans, while global cues remained largely muted.
Investors also turned cautious over passage of the long- pending GST bill in Rajya Sabha . Meanwhile, profit-booking by retail investors dragged down mid-cap and small-cap indices by 0.19 per cent and 0.14 per cent, respectively. Shares of the second largest private sector lender HDFC Bank fell 0.30 per cent to Rs 1,228.45 despite reporting a 20.15 per cent increasein profit to Rs 3,238.91 crore.