Mumbai: A benchmark index of Indian equities plunged 2.19 per cent to 19,865 points, the lowest level in almost a month, on heavy selling pressure amid weak Asian cues.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) dropped 445 points or 2.19 per cent, the sharpest fall in over five months, to close at 19,865.14 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty tumbled 2.17 per cent or 132.90 points to 5,988.70 points.
All the broader market indices also closed deep in the red. The BSE midcap fell 2.15 per cent to 8,266 points and the BSE smallcap index ended nearly three per cent lower at 10,567 points.
Sterlite Industries, the country's largest copper and zinc producer, plunged 5.4 per cent as metal prices dropped in the international market. Hindalco Industries dropped 5.12 per cent to Rs.212.05.
There was also heavy selling pressure in auto and banking scrips. Tata Motors fell nearly four per cent and Mahindra and Mahindra ended nearly three per cent lower.
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