Sensex plunges 245 pts in early trade, Nifty dips below 8,200

December 15, 2014 10:32

The benchmark Bombay Stock Exchange Sensex tumbled over 245 points and the Nifty went below the 8,200 mark in early trade today on continued selling by funds and retail investors after the October industrial production contracted sharply, amid a weak trend in the Asian region.

Falling for the third straight session, the 30-share barometer plunged by 245.64 points, or 0.89 per cent, to 27,105.04 with IT, consumer durables, realty, capital goods, metal and oil & gas stocks leading the fall.

Auto, healthcare and power stocks also faced selling pressure.

The BSE index had lost 480.42 points in the previous two sessions.

On similar lines, the National Stock Exchange index Nifty dipped below the 8,200-mark by losing 71.60 points, or 0.87 per cent to 8,152.50.

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