Stock Market LIVE Updates: Sensex drops over 400 points, Nifty near 17,750; Paytm lists at discount, Sapphire Foods at premium

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Stock Market LIVE Updates: Indian equity benchmarks Sensex and Nifty50 suffered losses in choppy trade on Thursday, the last session of the holiday-truncated trading week. Gains in financial and consumer stocks were offset by losses in IT and automobile shares limited the upside. Shares in One97 Communications — the parent of digital services platform Paytm – listed at a discount on BSE and NSE. The stock of Sapphire Foods – an operator of KFC and Pizza Hut outlets in the country – debuted at a premium.

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