Sensex tanks 700 points; IT, pharma and energy drag the market Sensex tanks 700 points; IT, pharma and energy drag the market Tata Consumer Products, Bajaj Finserv & Asian Paints emerged as the top gainers while Hindalco, Reliance, and ONGC were weak today. Rohit Kale / Thursday, September 1, 2022 / Article rating: 3.8 Indices closed on a weaker note as Nifty plunged 1.22 per cent but managed to close above 17,500. Sensex tanked 700 points whereas Nifty Midcap and Nifty Smallcap closed marginally higher.