The NSE Nifty also tumbled below 8,200-mark to hit a low of 8,140. The Nifty-50 index is now down 152 points at 8,173. The BSE Mid-cap and Small-cap indices have dropped over 1.5 percent each at 10,433 and 11,001, respectively.
The key benchmark indices, the BSE Sensex and the NSE Nifty suddenly nose-dived in the early morning deals, on the back of aggressive selling across all sectors.
The BSE headline index, slipped below 27,000-mark and touched a low of 26,868 - down 633 points from the day's high of 27,501.
The BSE Sensex is now down 542 points at 26,898.
The NSE Nifty also tumbled below 8,200-mark to hit a low of 8,140. The Nifty-50 index is now down 177 points at 8,148.
The broader market is also witnessing heavy selling pressure, the BSE Mid-cap and Small-cap indices have dropped over 1.5 percent each at 10,433 and 11,001, respectively.
There are no gainers in sectoral indices - the BSE Realty index is the major loser, down almost 3 percent at 1,580. Followed by, the Power, Oil & Gas, Healthcare, Bankex and Capital Goods indices - down over 2 percent each.
The IT, FMCG, Auto and Consumer Durables indices are the other prominent losers.
The breadth is bearish in morning deals - out of 1,884 stocks traded on the BSE so far 1,462 stocks are declining, while only 368 stocks are advancing.
All Sensex stocks are trading in red, except, Bharti Airtel - up almost 3 percent at Rs. 398.
BHEL and Cipla are the top losers - down over 3.5 percent each to Rs. 235 and Rs. 639, respectively.
ONGC and Axis Bank have cracked over 3 percent each at Rs. 330 and Rs. 548, respectively.
NTPC, Dr.Reddy's and Sesa Sterlite have plunged 3 percent each at Rs. 146, Rs. 3,303 and Rs. 219, respectively.
Coal India, ICICI Bank, Hindalco, Gail India, Larsen & Toubro, Tata Power, Sun Pharma, Infosys and ITC are the other significant losers.
The BSE headline index, slipped below 27,000-mark and touched a low of 26,868 - down 633 points from the day's high of 27,501.
The BSE Sensex is now down 542 points at 26,898.
The NSE Nifty also tumbled below 8,200-mark to hit a low of 8,140. The Nifty-50 index is now down 177 points at 8,148.
The broader market is also witnessing heavy selling pressure, the BSE Mid-cap and Small-cap indices have dropped over 1.5 percent each at 10,433 and 11,001, respectively.
There are no gainers in sectoral indices - the BSE Realty index is the major loser, down almost 3 percent at 1,580. Followed by, the Power, Oil & Gas, Healthcare, Bankex and Capital Goods indices - down over 2 percent each.
The IT, FMCG, Auto and Consumer Durables indices are the other prominent losers.
The breadth is bearish in morning deals - out of 1,884 stocks traded on the BSE so far 1,462 stocks are declining, while only 368 stocks are advancing.
All Sensex stocks are trading in red, except, Bharti Airtel - up almost 3 percent at Rs. 398.
BHEL and Cipla are the top losers - down over 3.5 percent each to Rs. 235 and Rs. 639, respectively.
ONGC and Axis Bank have cracked over 3 percent each at Rs. 330 and Rs. 548, respectively.
NTPC, Dr.Reddy's and Sesa Sterlite have plunged 3 percent each at Rs. 146, Rs. 3,303 and Rs. 219, respectively.
Coal India, ICICI Bank, Hindalco, Gail India, Larsen & Toubro, Tata Power, Sun Pharma, Infosys and ITC are the other significant losers.
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