Mumbai: The Bombay Stock Exchange benchmark Sensex plunged by over 271 points to close at 20,104.39, as stocks in oil and gas, capital goods and banking sector declined sharply.
The 30-share BSE barometer rose to the day’s high of 20,498.11 and a low of 20,065.63 points.
The National Stock Exchange index Nifty also dipped by 101.20 points to 6,058.10, after touching the day’s high of 6,185.40 and a low of 6,040.40 points.
Trading sentiments were partly influenced by reports of weak trend in Asian stock markets, traders said.
European and Asian stock markets were down after the Wall Street ended higher, following major central banks seeking to soothe the global credit squeeze.