BSE Sensex sinks nearly 500 pts on China equity crash, Greece fears; Nifty below 8,400

The benchmark BSE Sensex cracked the 28,000-mark by tumbling 500 points today on across-the-board selling by participants, tracking more heavy losses in Shanghai and on fears about Greece’s future in the Eurozone.

At 11:56 am, BSE Sensex trades 485.89 points down to 27,685.80. NSE Nifty sinks 143.00 points down at 8,367.80.

At 11:27 am, BSE Sensex trades 411.90 points down to 27,759.79. NSE Nifty sinks 130.25 points down at 8,380.55.

At 11:23 am, BSE Sensex trades 372.17 points down to 27,799.52. NSE Nifty sinks 121.50 points down at 8,389.30.

At 10:10 am, BSE Sensex trades 175.33 points down to 27,996.36. NSE Nifty sinks 54.55 points down at 8,456.25.

At 9:17 am, BSE Sensex trades 292.33 points down to 27,879.. NSE Nifty sinks 86.65 points down at 8,424.15.

The 30-share index dipped below the 28,000-mark by diving 291.65 points or 1.04 per cent to 27,880.04.

The gauge lost 37.07 points in its last choppy session.

All the sectoral indices, led by metal, banking and auto were trading in the negative terrain, falling by up to 1.60 per cent.

Brokers said sentiments on the domestic bourses dampened following a rout in other Asian markets with nearly 7 per cent crash in Shanghai and on fears about Greece’s future in the eurozone, triggering widespread selling.

Among other Asian markets, the Shanghai Composite Index slumped 6.72 per cent, Hong Kong’s Hang Seng index plunged 4.45 per cent, while Japan’s Nikkei index was trading 1.52 per cent down in early trade today.

The US Dow Jones Industrial Average, however, ended 0.53 per cent higher in yesterday’s trade.

Bombay Stock Exchange - BSE

National Stock Exchange of India Ltd (NSE)