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Sensex plummets 587 points on GDP worries, closes at one-year low of 25,696

Mumbai: A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), on Tuesday tanked a further 586.65 to one-year low of 25,696.44 or 2.25 per cent lower than yesterday.  The wider 50-scrip
India TV Business Desk September 01, 2015 21:00 IST
India TV Business Desk

Mumbai: A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), on Tuesday tanked a further 586.65 to one-year low of 25,696.44 or 2.25 per cent lower than yesterday. 

The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed 185.45 points down at 7,785.85.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 26,127.04 points, was trading at 25,605.83 points (at 02.35 p.m.) in the afternoon session, down 677.26 points or 2.58 percent from the previous day's close at 26,283.09 points.

The Sensex touched a high of 26,141.07 points and a low of 25,579.88 points in the trade so far.

Almost all the sectors were trading in red. Heavy selling pressure was seen in metal, banking, realty and consumer durables sectors.

(With inputs from PTI)