Sensex ends 500 points down

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Mumbai, Oct 22: Markets ended sharply lower on Wednesday, Oct 22 as traders booked profits after global sentiments turned bearish. Realty and metals stock ended with major losses.

Bombay Stock Exchange"s Sensex ended at 10147.85, down 535.54 points or 5.01 per cent. The index touched a low of 10,128.22 and a high of 10,484.85. National Stock Exchange"s Nifty closed at 3056.80, down 5.51 per cent or 178.10 points. The broader index touched a low of 3051.80 and a high of 3235.75. BSE Midcap Index closed 2.82 per cent lower and BSE Smallcap Index declined 1.94 per cent. Among frontline stocks, Tata Steel (-14.18%), Sterlite Industries (-10.45%), Reliance Communications (-9.18%), Tata Motors (-8.82%) and Jaiprakash Associates (-8.39%) were the worst hit.

ITC (0.62%), Hindustan Unilever (0.52%) and BHEL (0.5%) were the only gainers in the 30-share index. Market breadth remained weak through the day. On BSE, 1710 declines outnumbered 791 advances.

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