Equity benchmarks erased some gains seen in previous
session. The Sensex fell 339.90 points or 1.28 percent to 26297.38, and the
Nifty lost 96.80 points or 1.22 percent to 7863.75. About 1012 shares have
advanced, 1903 shares declined, and 112 shares are unchanged. The barometer
index, the S&P BSE Sensex, was currently down 229.30 points or 0.86% at
26,407.98.
Global stocks were weak amid concern global growth is
slowing. The market breadth indicating the overall health of the market was
weakThe index lost 335.90 points at the day's low of 26,301.38 in early trade,
its lowest level since 8 October 2014. The index fell 81.36 points at the day's
high of 26,555.92 in early trade. The CNX Nifty was down 71.70 points or 0.9%
at 7,888.85.
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