Sensex ends 300 pts lower on broad-based selling

Broader markets fall nearly 2%, underperforming benchmark indices.

Markets ended lower this Thursday with 30-share sensitive index, Sensex shedding nearly 300 points on back of selling by overseas investors.

Domestic investor sentiments turned jittery on back of political instability back home coupled with reports of basket selling by exchange traded funds (ETFs).

The Bombay Stock Exchange's 30-share index Sensex dropped 294.06 points to provisionally end at 18,07.58 while the National Stock Exchange's 50-share Nifty shed 99.30 points at 5,573.60 on a provisional basis.