Sensex tanks 310 points; Nifty cracks below 8,600-mark

Zee Media Bureau

New Delhi: Sensex on Wednesday tanked 310.28 points to end at 27,774.88 while Nifty cracked below 8,600-mark by falling 102.95 points to 8,575.30.

The Sensex touched a high of 28,143.28 points and a low of 27,736.62 points during the intra-day trade.

The BSE market breadth was skewed in favour of the bears -- with 1,899 declines and 829 advances.

On Tuesday, the benchmark indices had closed in the red due to profit booking and disappointment over the Reserve Bank of India`s (RBI) decision to maintain its key lending rates during the monetary policy review.

The barometer index had slipped by 97.41 points or 0.35 percent, while the Nifty fell by 33.10 points or 0.38 per cent.

With Agency Inputs