Sensex, Nifty see biggest drop in 7 months; new Covid variant spooks investors

s The blue-chip NSE Nifty 50 index ended down 2.91% at 17,026.45 and the benchmark S&P BSE Sensex closed 2.87% lower at 57,107.15, both marking their biggest daily drops since April 12. The losses also pushed the Nifty 50 to its worst weekly performance since late January, with both the main indexes…