Sensex closes 1.19 percent down at 19,696 points

By IANS,

Mumbai : A benchmark index of Indian equities plunged 238 points Wednesday on heavy selling pressure in banking, realty, metal and auto stocks.

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The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,874.30 points, ended at 19,696.48 points (provisional) – down 238.16 points or 1.19 percent from its previous close at 19,934.64 points.

At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty closed 72.85 points down at 5,903 after slipping below the psychologically important 5,900-points mark in the intra-day trade.

Broader markets also ended deep in the red, with the BSE midcap index closing 2.21 percent down at 7,600.43 and the BSE smallcap index ending 3.22 percent lower.