The Bombay Stock Exchange benchmark Sensex on Tuesday fell for the fifth straight day to touch a new 28-month low by losing 204 points on sustained selling by funds amid slowing economic growth and weakening rupee.
The BSE 30-scrip index, which had lost over 623 points in last four sessions, fell another 204.26 points or 1.33 per cent to 15,175.08, the level last seen on August 20, 2009.
The broad-based NSE index Nifty fell 68.90 points or 1.49 per cent to 4,544.20.
The downtrend was led by index heavyweights RIL, Infosys as well as stocks of capital goods, metals and realty.
Reliance Industries lost 3.03 per cent and Infosys 0.25 per cent.
Brokers said investors were concerned over the slowdown in the economy and the falling rupee, which has declined to Rs 53.03 per US dollar from Rs 45 a few months ago, making imports costly.
Globally, the markets were mixed.
L&T dropped 5.14 per cent to its lowest close since May 15, 2009. Tata Motors was down 2.79 per cent, Jaiprakash Associates fell 7.26 per cent and Tata Steel by 5.27 per cent.
The capital goods sector suffered the most by falling 3.50 per cent to 7,848.99, followed by the metals index — 3.48 per cent to 9,275.13. The realty index fell 2.71 per cent to 1,367.39.
Keywords: Bombay Stock Exchange