Sensex nosedives 500 pts; Nifty cracks 8,400 mark

July 08, 2015 12:46

Continuing its slide, the benchmark BSE Sensex in mid-session tanked over 500 points and the NSE Nifty cracked the 8,400-mark after Chinese shares extended rout and fears of Greek eurozone exit hit trading sentiment.

Reflecting steep fall in blue-chips, the 30-share index which dipped below the crucial 28,000-mark in early trade, continued to slide and tumbled by 504.63 points or 1.79 per cent to 27,667.06 during mid-session, with all the sectoral indices led by metal and auto, falling up to 4.14 per cent. The NSE Nifty also succumbed to all-round selling and cracked the 8,400-mark by falling 162.65 points or 1.91 per cent to 8,348.15.

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