Sensex, Nifty log weekly loss: What led to market fall

Equity indices plunged for the third straight session on Friday with the benchmark BSE sensex crashing nearly 1,100 points amid heavy selloff across all sectors. The 30-share BSE index fell tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17.