Equities tumble on global cues, Nifty slips below 10k (Second lead)

Mumbai Sep 22 (IANS) Key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- tumbled by more than one per cent each on Friday as negative global cues a weak rupee and heavy selling pressure in capital goods metal and banking stocks subdued investors sentiments.

The wider Nifty50 of the National Stock Exchange (NSE) slipped below the psychologically important 10 000-mark to provisionally close at 9 964.40 points -- down 157.50 points or 1.56 per cent.

The Nifty50 had reclaimed that level on September 11.

The 30-scrip Sensitive Index (Sensex) of the BSE too plunged to end below its psychologically important 32 000-points level which was breached for the first time on July 13.

At 3.30 p.m. the Sensex closed at 31 922.44 points -- down 447.60 points or 1.38 per cent from its previous close at 32 370.04 points.

The BSE market breadth was bearish with 2 095 declines and 520 advances.

--IANS
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