Stocks move deeper into red zone, Sensex crashes 344 pts

NEW DELHI: 

The global stock market rout spread to local benchmark indices on Thursday as both Sensex and Nifty pushed into the deep red at the expiry of the October options and futures contracts. 
The weakness in the domestic currency added to investors' misery. 
The BSE Sensex closed the day at 33,690, down 343.87 points, or 1.01 percent, while the NSE Nifty shut shop at 10,125, a loss of 99.85 points, or 0.98 percent. 
Intraday, the NSE Nifty went below the crucial 10,100 marks and hit its lowest level since March 28. 
On the 30-share Sensex, only six managed to settle with gains. Wipro was the best index performer, with gains of 3.30 percent, followed by Coal Indians 1.79 %, Kotak Mahindra Bank, Asian Paints, PowerGrid and M&M. 
Barring the Nifty IT index, all major sectoral indices closed weak after a turbulent session. PSU Bank, pharma, realty, metals, media, and financial shares contributed to the overall pain. 
BSE Midcap and Smallcap indices too closed the day on a subdued note, with losses of 0.58 percent and 0.98 percent, respectively. 


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