The Sensex on Monday crashed over 600 points to end at 14,774. The NSE Nifty lost over 190 points to end at 4,385.

Sensex @ 1516

The Sensex has slipped further to a low of 14,773. The index is now down 612 points to 14,800.

The Nifty is at 4,394 - down 186 points.

DLF has plunged 7.5% to Rs 365. Metal stocks Hindalco [Get Quote] has tumbled 7.5% to Rs 100. Sterlite and Tata Steel [Get Quote] have slipped 6.5% each to Rs 620 and Rs 440, respectively.

Tata Motors [Get Quote] has slumped 6.7% to Rs 435. Jaiprakash Associates [Get Quote] and ACC have dropped 6.3% each to Rs 203 and Rs 778, respectively. 

Hero Honda, ITC, Reliance Communications [Get Quote], Reliance Infrastructure, ICICI Bank [Get Quote], Mahindra & Mahindra, SBI [Get Quote], Maruti Suzuki, ONGC [Get Quote], Reliance and Larsen & Toubro have shed 4-5% each.

Bharti Airtel [Get Quote], Sun Pharma [Get Quote], Wipro [Get Quote], Infosys [Get Quote], Hindustan Unilever, HDFC [Get Quote], TCS [Get Quote] and Grasim [Get Quote] are the other losers.

The market breadth is extremely negative. Out of 2,647 stocks traded 1,912 have declined while 649 have advanced.

Sensex @ 1230

The Bombay Stock Exchange benchmark Sensex tumbled over 412 points at midsession on Monday on frantic selling by funds in line with weakening global trends.

The Sensex, which commenced the day lower, fell further to record a hefty loss of 412.65 points at 14,998.98 at 1230 hrs with heavy-weights led by Reliance Industries [Get Quote] suffering notable losses.

Similarly, the wide-based National Stock Exchange index Nifty plunged by 128.85 points at 4,451.20 at the same time.

Reasons

Marketmen said the BSE index tumbled tailing weak Asian peers as concerns grew that a global economic recovery may be rockier than expected after data showed US consumer confidence fell to its lowest since March.

They said realty, metal, auto and refinery stocks were the major losers as major players preferred to book profits from the recent surge in these segments.