The market fell more than a percent weighed down oil &
gas, banks, capital goods, power and metals stocks. The Sensex tumbled 284.07
points to 26532.49 and the Nifty lost 94.90 points to 7947.10.
key benchmark indices extended losses and hit fresh intraday low in mid-afternoon trade. The barometer index, the S&P BSE Sensex, hit lowest level in almost three weeks. The 50-unit CNX Nifty hit lowest level in more than 2-1/2 weeks after falling below the psychological 8,000 level. The Sensex was currently down 237.86 points or 0.89% at 26,578.70. The market breadth indicating the overall health of the market was weak.
S&P BSE Sensex was down 237.86 points or 0.89% at 26,578.70. The
index dropped 266.27 points at the day's low of 26,550.29 in mid-afternoon
tradeThe CNX Nifty was down 80.70 points or 1% at 7,961.30. The market breadth
indicating the overall health of the market was weak, with more than two losers
for every gainer on BSE. A total of 84 shares were unchanged.
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