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The benchmark Indian stock indices like Bombay Stock Exchange's 30 component large-cap Sensex closed at 17993.33, down 332.76 points. The 30-share index hit a high of 18269.06 in intraday trading today. BSE Midcap Index was down 1.41 percent and BSE Smallcap Index nosedived by 1.57 percent at EOD today.
The broader index National Stock Exchange's Nifty ended at 5386.55, down 99.80 points. The broader index touched intraday low of 5373 in day trade today.
The main reason for this decline is european uncertainity euro-zone debt crisis triggered a sell-off in global equities. Greece's credit rating to B+ while Standard & Poor's cut its outlook on Italy to "negative" from "stable" by one of the rating agency.
All of the sectoral indices also closed in deep red today, BSE Capital Goods Index fell 2.95 percent, BSE Power Index moved 2.91 percent lower, BSE Bankex slipped 2.85 percent and BSE Realty Index declined 2.79 percent. BSE FMCG Index was however up 0.59 percent.
Market breadth was negative on the BSE with 1973 declines as compared to 801 advances.
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