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Sensex trading more than 200 points; Nifty weak by around 80 points
The Sensex is down 205.30 points at 24,082.12 and the Nifty trading 76.30 points down more than 1% at 7,3067.16 points around 3:00 PM
Zee Media Bureau
New Delhi: The Sensex is down 205.30 points at 24,082.12 and the Nifty trading 76.30 points down more than 1% at 7,3067.16 points around 3:00 PM
In the opening trade, the 30-share index plunged by 373.95 points or 1.53 per cent to 23,919.47. The gauge had lost 329.55 points in the previous session.
In a similar fashion, the NSE Nifty fell below 7,300-mark by losing 106.55 points or 1.44 per cent to 7,280.55.
All sectoral indices led by IT, teck, bank and metal trading in negative zone with fall up to 3.02 per cent.
Brokers said sentiment remained weak in the absence of any positive trigger amid sustained capital outflows by foreign funds.
Besides, there was a weak trend in other Asian markets following overnight losses in the US following as oil prices tanked again on fears of a deepening economic slowdown.Infosys, TCS, ICICI
Bank, Maruti and SBI were major losers while M&M, Bajaj Auto, HUL, Sun Pharma and GAIL were gainers in the Sensex.
In the Asian region, Japan's Nikkei plunged 5.40 per cent in early trade, while China's Shanghai Composite index and Hong Kong's Hang Seng remained closed for a public holiday.
The Dow Jones Industrial Average ended 1.10 per cent lower in yesterday's trade.
With PTI input