The stock market continued to bleed for the sixth straight day today under pressure from debt worries in the West, with the benchmark Sensex dropping 558 points in opening trade.
Another benchmark index, the Nifty, slipped below the 5,000-mark for the first time since June 10, 2010, in opening trade. It was trading 172.05 points down within minutes of the opening bell at 4946.45, its lowest level since May 27 last year.
After falling 1,322 points in the past five trading sessions, the Sensex opened on a very weak note this morning, with heavy selling in stocks like Reliance Industries, Infosys, ICICI Bank and TCS.
From: http://ping.fm/1M0JW
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