Fry-day! Sensex takes sharp U-turn, tanks 550 points; Nifty below 22,550
After opening higher and Nifty scaling a new record, Indian equity indices declined later on Friday, dragged down by index heavyweights Reliance Industries, HDFC Bank, and IT stocks. BSE Sensex lost over 550 points to trade near 74,000 level while NSE' …