Sensex drops 318 pts, Nifty settles below 25,000
MUMBAI [Maha Media]: Benchmark Sensex declined by 318 points while Nifty slipped below 25,000 level on Wednesday due to selling in IT and auto shares amid unabated foreign fund outflows and weak trends in global markets.
Falling for the second day, the BSE Sensex declined by 318.76 points or 0.39 per cent to settle at 81,501.36. During the day, it slumped 461.86 points or 0.56 per cent to 81,358.26.
The NSE Nifty declined by 86.05 points or 0.34 per cent to close at 24,971.30.