The Sensex was down 660.61 points or 2.37 percent at
27188.38, and the Nifty fell 196.95 points or 2.34 percent to 8236.45. About
828 shares have advanced, 1860 shares declined, and 145 shares are unchanged. Banking
stocks led losses as key benchmark indices tumbled in mid-afternoon trade. The
barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit
2-1/2-week low.
The Sensex was currently off 511.95 points or 1.84% at
27,337.04. Weakness in European stocks amid ongoing uncertainty over Greece's
debt situation also weighed on Indian stocks. The 50-unit CNX Nifty was down
165.45 points or 1.96% at 8,267.95. The index hit a low of 8,265.30 in intraday
trade, its lowest level since 15 May 2015. The index hit a high of 8,445.35 in
intraday trade.
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