New Delhi: The Indian equity markets turned jittery on rupee slide and geo-political worries.
The negative sentiment pulled the BSE benchmark Sensex by 651 points to 18,234.66. Similarly, the 50-share NSE index Nifty was down 209 points at 5,341.
Sector-wise, the banking index suffered the most followed by consumer durables and realty.
Banking index was down 5.06 per cent, followed by consumer durables 4.61 per cent, realty 4.39 per cent and FMCG 3.89 per cent.
Reliance Industries fell 6 per cent to Rs 830 after the stock rose 10 per cent in the preceding four trading sessions. It made a low of Rs 803.80 on August 27.
Housing Development Finance Corporation lost five per cent to Rs 700 after a three-day rally of 12 per cent.
The top Sensex gainers were Multi Commodity Ex (+ 4.99 %), Lupin Ltd.(+ 2.61 %), MphasiS Ltd. (+ 2.12 %), and Amara Raja Batt. (+ 2.10 %)
Axis Bank (-9.27 per cent), TV18 Broadcast (-9.19 %), YES Bank (-9.13%), Piramal Ent (-8.93%), Indusind Bank (-8.45%), Federal Bank (-7.56%), Indiabulls Real Estate (-7.53%), LIC Housing Fin (-7.08%), Titan Inds (-7.07%) and Century Textile (-6.86%) were the major losers.
The market sentiment was weakened by a sharp depreciation in rupee which is posing a major challenge to the Government which is battling to revive the economic slowdown.
