Manic Mon: Sensex tanks over 700 points
The BSE benchmark index loses 726 points in the day's trade to close at 15,644, on weak global cues.business Updated: Mar 31, 2008 22:27 IST
The Indian equities market ended Monday with a huge loss, with the benchmark index closing over 700 points in the red.
The Sensex, the 30-share bellwether index of the Bombay Stock Exchange, closed at 15,644.44, having lost 726.85 points from its 16,266.66 opening.
Similarly, the S&P Nifty of the National Stock Exchange closed at 4,734.50, having lost 207.5 points.
Among the top index losers were HDFC, down 10 percent; HDFC Bank and ICICI Bank, down 7.5 percent; and DLF and ONGC, down 7 percent.
The IT index and bankex were down 6 percent each; metal, oil and realty indices were down over 4 per cent.