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Sensex plunges further by 222 points in early trade

Press Trust of India  |  Mumbai 

The BSE benchmark index Sensex plunged further by 222 points in early trade today on sustained selling by funds sparked by a rupee hitting to all-time low.

The 30-share index, which had lost 769.41 points in the previous session, plunged further by 221.94 points, or 1.19 per cent, to 18,376.34 with stocks of capital goods, metal and banking leading the fall.

In a similar fashion, the wide-based National Stock Exchange index Nifty fell by 53.65 points, or 0.97 per cent, to 5,454.10.

Brokers said sustained selling by funds as rupee tumbled to all-time low raised fears of slowing economic growth mainly influenced the sentiment.

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First Published: Mon, August 19 2013. 10:15 IST