The Sensex closed at 16,030, down 298.16 points or 1.83% over the previous close. It has touched a high of 16,132.68 and a low of 15,974.60 in trade today.
The Nifty closed at 4,858.25, down 84.55 points or 1.71% after hitting a four-month low of 4,837.05 intraday.
Auto, metal, capital goods and banking shares were the worst performing sectors, with stocks like Tata Motors, JSW Steel, Steel Authority of India and Tata Steel figuring among the big losers.
The Nifty closed at 4,858.25, down 84.55 points or 1.71% after hitting a four-month low of 4,837.05 intraday.
Auto, metal, capital goods and banking shares were the worst performing sectors, with stocks like Tata Motors, JSW Steel, Steel Authority of India and Tata Steel figuring among the big losers.
