Sensex falls 400 pts; rapid swings keep traders edgy

The panic selling continued in late morning trade. The Sensex crashed 415.82 points or 1.62 percent to 25325.74 and the Nifty cracked 128.60 points or 1.65 percent to 7680.40.

The broader markets saw major fall compared to benchmarks; the CNX Midcap dropped 2.6 percent and BSE Smallcap tanked 3.9 percent. More than 2000 shares have declined against 350 shares advanced on the BSE.

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Posted in: Indian Market Tips