Indian equity market witnessed the worst daily fall since rupee depreciation crisis September 2013. Worries over falling oil prices and possible exit of Greece crashed the market globally. The broad-based index Nifty sunk over 250 points and closed at 8127 down by -3.0%, while Sensex, plunged by 854 points wrapped up the session below 27000 down -3.07%.

Downward momentum in crude oil price continues on glut concerns. Oil explorers declined tracking the fall in US crude oil below $50 per barrel.

Among the sectoral indices all the major indices ended negative, CNX PSU Bank led the momentum in Red terrain and plunged – 4.12% followed by CNX ENERGY (-4.02%), CNX Finance (-3.51%), CNX REALTY (-3.51%) and CNX METAL (-3.48%%).

Market breadth remained negative today on NSE as 1102 stocks declines against 118 stocks ended in green while 15 remain unchanged.

Out of 50 stocks of Nifty index, 48 declined and 2 advanced.

Meanwhile USDINR pair ended at 63.56 surged by 0.20%, recovered after the early trade losses on the back of fresh dollar demand from banks and importers.

Top Five Nifty gainers: HUL (1.54%) and COAL INDIA (0,07%) were only gainers of the day.
Top Five Nifty Losers: JINDALSTEL (-7.03%), ONGC (-6.06%), SESA STERLITE (-5.32%), TATASTEEL (-5.11%) and HDFC (-5.05%)