Sensex on Wednesday tanked over 268 points to trade below the 17,000- points level in opening trade in line with the meltdown in overseas markets on concerns that Greece`s debt crisis could spread to other countries.
Sensex on Thursday pared early gains and closed almost flat, as worried funds booked profit after the latest food inflation data further fuelled their fears that the RBI may tighten key policy rates on Friday.
Sensex on Wednesday plummeted 491 points, recording its sharpest fall since last August, as foreign funds pressed panic button ahead of the expiry of the January contracts tomorrow amid feeble global cues.
Sensex Friday closed below the psychologically important 17,000-point mark Friday. It ended 198 points lower, giving up gains earned on the back of better than expected results from heavyweight Reliance Industries.
Sensex slipped more than 2 percent lower in early trade on Friday to touch its lowest level in a month, with frontline stocks such as Larsen & Toubro, Reliance Industries and financials leading the decline.