Sensex, biggest falls on BSE, Gold price, Indian rupee vs US dollar, more

The BSE Sensex nosedived 1,624.51 points, or 5.94 per cent at 25,741.56. The index opened at 26730.40 and touched a low of 25,624.72. On the similar lines, the NSE Nifty index tanked 490.95 points, or 5.92 per cent at 7,809.

The Sensex ended over 1,600 points down on Monday, the biggest in over seven years. The benchmark BSE Sensex fell 1,624.51 points, or 5.94 per cent to end at 25,741.56. The index opened at 26730.40 and touched a low of 25,624.72.

In line with crash in equities, the rupee tumbled sharply by 82 paise -- its biggest single day fall this year -- to settle at 66.65 against the US dollar as global meltdown fears remained unabated.

Extending its rally for the 14th straight day, gold prices surged by Rs 150 to trade at fresh three-month high of Rs 27,575 per 10 grams at the bullion market today on persistent buying by jewellers to meet rising seasonal demand even as the metal weakened overseas.

Among the sectoral indices on the Bombay Stock Exchange (BSE), the BSE Realty index tumbled the most — 10.93 per cent at 1158.36, it was followed by the BSE Oil & Gas index (down 9.2 per cent), BSE Power index (down 8.12 per cent) and BSE Consumer Durables index (down 7.23 per cent).

Production of Pig Iron