Zee Media Bureau
Extending its mid-session fall, the benchmark BSE Sensex plunged 322.39 points to over 1-month closing low of 27,797.01 as funds and retail investors indulged in selling activity amid weak global cues after crude oil dipped to fresh five-year low.
The NSE Nifty also tumbled by 97.55 points to 8,340.70.
After opening in negative terrain on continued selling activity by participants, the Sensex dipped below the psychological 28,000-mark to touch a low of 27,763.82. It, however, recovered marginally to 27,797.01, down by 322.39 points, or 1.15 percent.
Sentiments dampened after current account deficit widened to USD 10.1 billion, or 2.1 percent of GDP, in July-September quarter of this fiscal, up from 1.2 percent a year ago.
Brokers said sustained selling by participants in bluechip stocks that recently logged gains and a weak trend in global markets after oil prices skidded to fresh five-year lows led to the fall in markets.
With agency inputs
