Nifty Closing Updates Nifty Down 431.05 points

The market finally ended with deep cuts. The Sensex closed at 26775.69, down 431.05 points or 1.6 percent while the Nifty slipped 128.75 points or 1.6 percent at 8017.55. About 886 shares advanced, 2131 shares declined and 91 shares were unchanged.

key benchmark indices in India also extended intraday losses and hit fresh intraday low in mid-afternoon trade. The barometer index, the S&P BSE Sensex, fell below the psychological 27,000 mark. The market breadth indicating the overall health of the market was weak, with more than two losers for every gainer on BSE. The CNX Nifty was down 89 points or 1.09% at 8,057.30. The index hit a low of 8,037.80 in intraday trade, its lowest level since 18 September 2014. The index hit a high of 8,159.75 in intraday trade. 

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