Benchmark indices extended losses in late trade as the Sensex closed below 36,000 and Nifty below 10,900 levels amid weakening rupee, higher crude oil prices and Italy crisis.
All sectoral indices ended in the red barring Metal while the Nifty Midcap index shed over a percent.
The 30-share BSE Sensex slipped 550.51 points or 1.51 percent to 35,975.63 and the 50-share NSE Nifty dipped 150 points or 1.36 percent to 10,858.30 but the market breadth remained in favour of advances.
About 1,444 shares advanced against 1,194 declining shares on the BSE.
Shriram Transport, Can Fin Homes, Reliance Nippon Asset Management, Muthoot Finance, Federal Bank, Jubilant Foodworks, Godrej Consumer, Dabur, GSK Consumer, Bata India, Godfrey Phillips, Ambuja Cements, Pidilite, Adani Enterprises and Apollo Tyres plunged 3-10 percent.
Balrampur Chini, Dhampur Sugar, Nalco, Gati, Hathway Cable, Tinplate and Indiabulls Real Estate rallied 4-20 percent.
Source- https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-tanks-550-points-as-sell-off-intensifies-in-late-trade-metals-shine-3006971.html
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