Mid-session: Sensex falls by over 500 pts
The 30-share index, which had opened with a gain of over 504 points to reclaim 18K level, falls back by 512.14 points at 17,081.93.business Updated: Jan 24, 2008 15:22 IST
Rising trend short lived as the Bombay Stock Exchange benchmark, Sensex, plunged by 512 points at mid-session on aggressive selling by funds at the existing higher levels.
The 30-share index, Sensex, which opened with a significant gain of over 504 points to reclaim 18,000 points level, fell back by 512.14 points at 17,081.93 points at 1330 hours.
In a similar fashion, the second wide-based National Stock Exchange index Nifty fell by 207.60 points at 4995.80 as most of the heavy-weight stocks yielded ground.