Sensex sheds 190 points during pre-noon trade

Mumbai : A benchmark index of Indian equities markets plunged by 190.11 points or 0.94 percent in the pre-noon trade Tuesday.

Almost all the sectors were trading in red. Huge selling pressure was seen in the IT, technology, media and entertainment (TECK) and metal sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,050.99 points, was trading at 20,019.15 points in the pre-noon session, down 190.11 points or 0.94 percent from the previous day’s close at 20,209.26 points.

The Sensex touched a high of 20,093.67 points and a low of 19,963.12 points during the trade so far.

The S&P BSE IT index plummeted by 244.93 points, TECK index dropped by 100.64 points and metal index went down by 100.24 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading down by 55.50 points or 0.92 percent at 5,946.30 points.