Sensex sinks over 1,000 pts from day's high, Nifty below 22,500. What's ahead for D-Street?

What happened: The Indian stock market deepened its losses as oil prices soared, with Sensex and Nifty falling sharply and broader markets retreating further into negative territory. Key numbers: Sensex dropped over 400 points. Nifty fell below 22,500. Small and midcap indices plunged up to 3%. Why it matters: Analysts maintain there are glimmers of hope for the upcoming week, saying a rally among large-cap stocks could pave the way for investor opportunities.

Sensex fell over 400 points, Nifty below 22,500, small and midcap indices plunged up to 3%.

Sensex fell over 400 points, Nifty below 22,500, small and midcap indices plunged up to 3%. — impact context not separately stored; see What changed.