The BSE benchmark Sensex today plunged by 260 points to close at nearly three-week low of 25,329.14 on selling pressure sparked by escalating geopolitical tensions after US President Barack Obama authorised air strikes in Iraq.
After opening lower at 25,406.87, the 30-share Sensex dipped to 25,232.82 at one point before ending the day at 25,329.14, down 259.87 points or 1.02 per cent, from its previous close.
Sesa Sterlite was the biggest loser, down nearly 6 percent. Larsen and Toubro, Tata Motors, HDFC Bank, Axis Bank, Tata Steel, BHEL, Hindalco, Tata Power, Coal India and NTPC were other prominent losers, down 2-4 percent.
Heavyweights like Reliance Industries, Infosys and ICICI Bank did not see major crack today, down little over half a percent.
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