Indices traded lower amid volatility throughout the day and closed nearly at the day’s low. Nifty closed at the 17,000 level and slipped 1.980 per cent. Sensex tanked 953 points while Nifty Midcap and Nifty Smallcap plunged 3.11 per cent & 3.41 per cent, respectively.   

Indices witnessed selling pressure towards the end as Nifty closed above the 17,800 level. The benchmark index jumped 1.10 per cent while BSE Sensex climbed 578 points.