It is another dismal day at Dalal Street. The Sensex shed
469.52 points or 1.7 percent at 26370.98 and the Nifty plunged 159.10 points or
1.9 percent at 7965.35. Both the indices ended at 8-month lowest closing level.
About 792 shares advanced, 1852 shares declined, and 152 shares were unchanged.After a range bound movement in afternoon trade, key benchmark indices extended
losses in mid-afternoon trade. The 50-unit CNX Nifty regained the psychological
8,000 level after falling below that mark in mid-afternoon trade.
The Nifty hit 5-week low. The broad market depicted
weakness. There were more than two losers against every gainer on BSE. The
barometer index, the S&P BSE Sensex, was currently off 326.97 points or
1.22% at 26,513.53. The BSE Mid-Cap index was off 1.04%. In overseas markets,
European shares rose. Asian stocks edged higher after a rally for US stocks
overnight. The CNX Nifty was down 109.25 points or 1.34% at 8,015.20
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