Tuesday, September 23, 2008

Markets end sharply lower; Sensex down 425 pts

Intensified selling pressure in the last hour of trade saw equities end sharply lower. Information technology, realty and banks were the worst hit sectors.

Bombay Stock Exchange’s Sensex closed at 13,570.31, down 424.65 points or 3.03 per cent. The 30-share index touched a high of 13978.26 and low of 13,543.47 in the day.

National Stock Exchange’s Nifty ended at 4126.90, down 96.13 points or 2.28 per cent. The broader index touched an intra-day high of 4224.70 and low of 4117.90.

BSE Midcap index ended 2.06 per cent lower at 5,113.31 and BSE Smallcap index declined 1.63 per cent to 6,092.97.

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