Sensex closes 324 points in red

Mumbai: A continuous slide in the Chinese markets, strain in US stocks and uncertainty over the recommendations on retrospective tax subdued investor sentiments in the Indian equity markets on Thursday.

Bearish sentiments were seen to rule on the S&P Bombay Stock Exchange (BSE) with its barometer 30-scrip sensitive index (Sensex) provisionally closing 324 points or 1.16 percent down.

Similar negative sentiments were witnessed at the wider 50-scrip Nifty of the National Stock Exchange (NSE) which closed 122.40 points or 1.44 percent in the red at 8,372.75 points (provisionally).

The S&P BSE Sensex, which opened at 27,959.19 points, provisionally closed at 27,607.82 points (at 3.35 p.m.)– down 323.82 points or 1.16 percent from the previous day’s close at 27,931.64 points.

The Sensex touched a high of 27,964.60 points and a low of 27,564.16 points in the intra-day trade.