Blood spills: Nifty sinks below 8100, Sensex plunges; ITC tanks

Intensified heavy selling dragged benchmark indices with the Nifty breaching crucial 8100 after both Federal Reserve and Bank of Japan held rates steady.

 The Sensex is down 324.83 points or 1 percent at 26401.51 and the Nifty is down 109.30 points or 1.3 percent at 8097.30

ICICI Bank, Maruti, Bharti Airtel, NTPC and ITC are major losers in the Sensex. GAIL is the only green stock in the BSE. Weak Asian markets is hurting India.

The Nikkei 225 extended losses, dropping 3.1 percent to 15,426.09. The Japanese yen strengthened sharply against the dollar and the Nikkei tumbled on Thursday after the Bank of Japan kept monetary policy steady as was widely expected.

Oil prices sank for a sixth straight session today in Asia, tracking a sell-off across equities with an expected pick-up in output adding to worries about the global economy and a weaker-than-forecast fall in US stockpiles.

After almost doubling between February and last week, WTI has plunged eight percent from an 11-month high, while Brent has lost more than six percent from an eight-month peak.

BUY DABUR INDIA FUTURE ABOVE 313 TG 314.50, 316, 318 SL 311,

 Intensified heavy selling dragged benchmark indices with the Nifty breaching crucial 8100 after both Federal Reserve and Bank of Japan held rates steady. The Sensex is down 324.83 points or 1 percent at 26401.51 and the Nifty is down 109.30 points or 1.3 percent at 8097.30. About 717 shares have advanced, 1361 shares declined, and 124 shares are unchanged. ICICI Bank, Maruti, Bharti Airtel, NTPC and ITC are major losers in the Sensex. GAIL is the only green stock in the BSE. Weak Asian markets is hurting India. The Nikkei 225 extended losses, dropping 3.1 percent to 15,426.09. The Japanese yen strengthened sharply against the dollar and the Nikkei tumbled on Thursday after the Bank of Japan kept monetary policy steady as was widely expected. Oil prices sank for a sixth straight session today in Asia, tracking a sell-off across equities with an expected pick-up in output adding to worries about the global economy and a weaker-than-forecast fall in US stockpiles. After almost doubling between February and last week, WTI has plunged eight percent from an 11-month high, while Brent has lost more than six percent from an eight-month peak.

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