Sensex plunges over 1000 points, Nifty breaks below 14,000 mark

The Economic Times

The BSE Sensex and the Nifty lost further ground in the afternoon trade as selling intensified after European markets mostly opened lower. Traders say profit booking also emerged ahead of the presentation of Union Budget on February 1. The sell-off in the market was led by banks and Reliance Industries. As of 2:17 pm, the Sensex was down 985 points or 2.04% to trade at 47,379.31 while the 50-share Nifty was below the psychological level of 14,000, down 276 points or 1.96%.

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