Sensex tumbles over 300pts

Heavy selling following a sharp drop in the Shanghai index has pulled down the Sensex by over 200 points. The Sensex is now down 323 points at 15,010. The NSE Nifty is down 100 points at 4,464.

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(Updated at 1140 hrs) 

The BSE Sensex is now at 15,287, down 44 points. The NSE Nifty is now at 4,543, down 20 points.
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(Updated 1119 hrs)

The Sensex have rebounded into positive zone for a brief  while, and touched a high of  15,379. However , the index has slipped into negative again and is now at 15,310, down 21 points

ONGC, TCS and Mahindra & Mahindra have advanced 2.5% each to Rs 1,134, Rs 492 and Rs 843, respectively.

Hero Honda has gained over 2% to Rs 1,712.

HDFC, Tata Power and Maruti Suzuki have added 1.5% each to Rs 2,416, Rs 1,284 and Rs 1,407, respectively.

Tata Motors has declined 3.5% to Rs 400. DLF is down nearly 3% to Rs 413.

Sun Pharma, SBI and BHEL have shed 1.5% each.

The NSE Nifty is now flat at 4,559.

The market breadth is positive - out of 2,252 stocks traded 1,288 have advanced and 890 have declined.