Mumbai, Oct 1 (UNI) The BSE Sensex remained under pressure for the third straight session on Tuesday as it slumped by 361.92 points to settle at 38,305.41 as brisk selling was witnessed in Finance, Bankex, Realty, Metal and Consumer Durable stocks amid weak global cues.
The National Stock Exchange (NSE) too dropped by 114.55 points to 11,359.90.
High volatility was witnessed during the day as the Sensex opened higher by 146 points to 38,813.48. It surged by 256 points to 38,923.78 day high. Later, it nosedived nearly 738 points to 37,929.89 day low. In late trade, it recovered from day low and settled at 38,305.41, sliding by 361.92 points from its last close.
The Nifty recorded day high and low at 11,554.20 and 11,247.90 points respectively.
The S&P BSE Small-Cap index fell 1.61 pc. The S&P BSE Mid-Cap index fell 1.54 pc.
The sectoral indices like Materials, Telecom, Realty, Technology, Power and Consumer Durable stocks kept the market low.
In scrips, Yers Bank, SBI, Bharti Airtel and Tata Motors DVR too lost during the day.
On the BSE, the market breadth was weak. 698 shares rose and 1784 shares fell. A total of 147 shares remain unchanged. In Nifty 50 index, 11 stocks advanced and 39 stocks declined.
Overseas, European stocks declined after a weak set of economic numbers out of the euro zone. The final reading of Purchasing Managers Index (PMI) manufacturing data for the euro zone in September came in at 45.7, 0.1 higher than the flash estimate but still hitting its lowest level since October 2012.
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