The Indian markets witnessed a drastic fall in the afternoon session following weak European cues after downbeat economic data from the euro zone .
Heavy losses in realty, consumer durables, metal, banking, power and capital goods stocks weighed on the sentiments. Major heavyweight draggers SBI, RIL, ICICI Bank, HDFC, Bharti Airtel, Tata Steel, Jindal Steel and DLF.
It was the biggest fall for markets in the last 16 sessions.
The market breadth stood in favour of declines. Of the 3083 stocks traded on the BSE, 769 (24.94%) rose, 2208 (71.62%) fell and 106 (3.44%) were unchanged.
The Sensex ended at 18145.25, down 283.36 points or 1.54 per cent. It touched intraday high of 18523.78 and low of 18095.81.
The National Stock Exchange's Nifty closed at 5505.35, down 101.80 points or 1.82 per cent. The broader index touched a high of 5629.95 and low of 5491.35 in trade today.
Market Updates for today
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Wednesday, February 22, 2012
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