The markets ended in deep red on account of heavy selling seen in scrips across sectors. It was a broad based selling in scrips across sectors and leading the downtrend was capital goods followed by IT sector.
The Asian cues are extremely negative with Thai stocks plunging after the central bank said overseas investors will have to pay a 10 percent penalty to withdraw funds after less than a year. This has triggered declines across Asia's emerging markets
The Sensex closed down 349.08 points or 2.54% at 13,382.01, and the Nifty down 96.75 points or 2.46% at 3,832.
About 897 shares have advanced, 1611 shares declined, and 63 shares are unchanged.
The BSE Small Cap Index closed at 6,634.80 down 71.82 points down 1.1%.
The BSE Midcap Index ended at 5,595.78 down 68.45 points or 1.2%.
The BSE FMCG Index lost 2.3% at 1,903.57. ITC, Shaw Wallace, Colgate, HLL, Nirma closed in red.
The BSE Metal Index was down 2.3% to close at 8,605.41. JindalStainless, Hind Zinc, Sterlite Ind, Tata Steel, Welspun Guj were among the losers.
The BSE Bankex was down 2% at 6,911.56. Bank of India, Canara Bank, SBI, Allahabad Bank, HDFC Bank, PNB moved downwards.
The BSE Health Care Index was plunged 1.5% at 3,682.05. Matrix Lab, Divis Labs, FDC, Aurobindo Pharm, Glenmark, Sun Pharma closed lower.
The BSE Capital Goods Index was down 3.3% at 8,893.97. Crompton Greave, BHEL, , L&T, BEML, SKF India ended lower
The BSE Auto Index closed at 5,231.16 down 1.6%. Bharat Forge, Tata Motors, Hind Motors, Amtek Auto, Cummins, M&M were among the losers.
The BSE IT Index closed at 5,046.85 down 3%. Mphasis BFL, HCL Tech, TCS, Satyam, Wipro, Infosys, Moser Baer ended weak.
The BSE Oil and Gas Index closed at 6,019.16 down 2.2%. GAIL, Reliance, BPCL, HPCL, MRPL slipped.
The NSE cash turnover was at Rs 9059.12 crore and the NSE F&O turnover was at Rs 43871.42 crore. The BSE cash turnover was Rs 4165.88 crore. Total market wide turnover was at Rs 57096.42 crore.
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