The benchmark lost 606 points, ending below the 10,000 mark at 9,975, as heavy selling surfaced in late trade. It is the lowest close for the Sensex since July 2006. The Nifty ended below the 3100 levels at 3074, down 194 points. This is also the lowest close of the broader index since July 2006. In sharp contrast to today''s close, the Sensex opened firm on positive cues from the Wall Street. The Sensex rose 205 points at day''s high of 10,786 in early trade. Then it slipped in and out of the red in many occasions as markets saw a very high volatility. But in the late trade it slipped to its day''s low. The Sensex is down 5.8 per cent for the week while the Nifty has shed 6 per cent.
The global cues were mixed Oct 17. Though the European markets were trading higher, futures pointed to a fall in the US markets on Oct 17. The Asian markets had ended mixed. Among the Sensex stocks on Oct 17, Reliance Infrastructure plunged 12 per cent to Rs 490. JP Associates, DLF and NTPC were the other major losers in the group.
The global cues were mixed Oct 17. Though the European markets were trading higher, futures pointed to a fall in the US markets on Oct 17. The Asian markets had ended mixed. Among the Sensex stocks on Oct 17, Reliance Infrastructure plunged 12 per cent to Rs 490. JP Associates, DLF and NTPC were the other major losers in the group.
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