Sensex down by over 450 points in early trade
The BSE benchmark index sheds over 464.53 pts on heavy selling by funds triggered by a global trend.Updated: Mar 14, 2007, 11:32 IST
The Bombay Stock Exchange benchmark Sensex plunged by over 450 points in early trade on Wednesday on heavy selling by funds triggered by a weakening global trend.
The 30-share Sensex nosedived by over 464.53 points at 12,518.45 in the first five minutes of trading.
In similar pattern of trading, the wide-based National Stocks Exchange index dropped by 147.55 points at 3,623 on the back of a steep fall in index-related shares particularly in constructions, cement and banking shares.