BSE Sensex plunges 2.2% as market remains in downbeat state

The BSE Sensex tumbled 371.61 points or 2.2% to settle at 16,469.79, its lowest closing level since 26 May 2010. The Sensex lost 407.49 points at the day's low of 16,433.31 in late trade. The index rose 76.01 points at the day's high of 16,916.81 in early trade.

The S&P CNX Nifty tanked 112.45 points or 2.22% to settle at 4,944.15, its lowest closing level since 26 May 2010. The Nifty hit a low of 4,932.15 and high of 5,078.60 in intraday trade.

The BSE Mid-Cap index declined 2.05%, outperforming the Sensex. The BSE Small-Cap index fell 2.62%, underperforming the Sensex.

The total turnover on BSE amounted to Rs 2229 crore, lower than Rs 2369.48 crore on Wednesday, 17 August 2011.

Market Breadth:

Positive 669 Negative 2200 Unchanged 96
From the 30 share Sensex pack, 26 fell and rest rose.