Sensex records 3rd biggest fall of the year

Mumbai, June 8 (ANI): After completing 13 successive weeks of gains, Sensex on Monday witnessed the third biggest fall of the year and ended below the 15,000 level, losing nearly 438 points on weak Asian and European trends.

The Bombay Stock Exchange benchmark, Sensex suffered a loss of 437.63 points to 14,665.92 as metal, banking and realty stocks suffered hefty losses.

The fall was the third-highest after those of January 7 and March 30.

In a similar fashion, the 50-share National Stock Exchange index Nifty dropped by 157.00 points to 4,429.90, breaking a psychological 4,600 level.

Only information technology stocks were in positive territory following a firming dollar, raising hopes of better revenue. (ANI)