Stocks ended with losses for a third consecutive day on Thursday weighed down by weak global markets and depreciating rupee. Traders unwound their positions across the board, with the oil & gas and power sector being hit the hardest.
Bombay Stock Exchange's Sensex settled at 14,327.73, down 334.88 points or 2.28 per cent. The index slumped to an intra-day low of 14,265.38 after opening at 14,557.33.
National Stock Exchange's Nifty ended 2.55 per cent or 112.3 points lower at 4287.95. The index swung between a high of 4399.30 and low of 4272.75.
Midcaps and smallcaps also faced the brunt of the bear onslaught. The BSE Midcap and Smallcap indices were down 1.08 per cent and 1.12 per cent.
Bharti Airtel (-4.48%), Reliance Infrastructure (-4.3%), Reliance Industries (-4.15%), ONGC (-3.85%) and Tata Power (-3.54%) were the worst hit.
Tata Motors (1.42%) and Ranbaxy Laboratories (0.24%) were the only gainers in the 30-share index.
Market breadth turned extremely weak with 1773 declines against 864 advances on BSE.
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