Intra-day: Sensex lost 320 points
Sensex, which had lost over 700 points in last two sessions, fell further by 320.39 points to 14,745.71, a level last seen on March 18.business Updated: Sep 10, 2012 12:09 IST
The Bombay Stock Exchange benchmark Sensex on Tuesday, touched a three-month low level by losing over 320 points at mid-session due to aggressive selling by funds in heavy-weight stocks led by metal and realty sectors.
Sensex, which had lost over 700 points in last two sessions, fell further by 320.39 points to 14,745.71, a level last seen on March 18.
Similarly, wide-based National Stock Exchange index Nifty, tanked 105.40 points to touch nearly eight-month low level of 4,395.55 in mid-session trade.
On the BSE, metal and realty indices were down over 2 per cent and 1 per cent respectively. The metal index was down 232.28 points, or 1.51 per cent, to 15,157.33 points. While the reality index fell 138.02 points, or 2.40 per cent, to 5,614.20 points.
The key index dipping below 15K level remained a major concern for the market players including investors, said a Delhi-based broker.
Selling pressure fuelled on reports of a similar weakening trend in global markets and rising concerns of inflation, brokers said.
However bucking the bearish trend on the BSE, the healthcare sector was up about 77 points, or 1.8 per cent, at 4,396.62 points.