Sensex today tanked 855 points as stock markets globally went into a tailspin amid political turmoil in Greece and oil price cracking below USD 50-mark. The NSE Nifty also tanked 251 points, or 3 per cent, on massive selling across sectors.
Among the 30-share Sensex, ONGC was the biggest loser as it slumped nearly 6 per cent. It was followed by Sesa Sterlite, Tata Steel, HDFC, RIL, BHEL, Tata Motors, ICICI Bank and SBI with 4-5 per cent losses.
Defending champion India has picked two left-handed spin allrounders in Ravindra Jadeja and Akshar Patel in its 15-man World Cup squad to be led by Mahendra Singh Dhoni.
Gold prices shot up by Rs 200 to Rs 27,500 per ten gram at the bullion market in the national capital today. Silver also advanced by Rs 550 to Rs 37,300 per kg on increased offtake by industrial units and coin makers.
The HSBC Services Purchasing Managers' Index (PMI), compiled by Markit, eased to 51.1 in December from November's five-month high of 52.6, nudging it closer to the 50-point that divides expansion from contraction.
Natural gas production
Indian rupee today washed out initial gains and ended with a loss of 16 paise at over-one week low of 63.57 against the Greenback.