Mumbai, Nov 23 (IANS): Indian equities markets pared some of their losses Wednesday with a benchmark index closing 346 points lower.
It had fallen 586 points in intra-day trade as traders, spooked by a weak rupee and global economic turmoil, sold in droves across the market breadth.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened lower at 15,969.6 points, closed at 15,718.88 points (provisional) -- down 346.54 points or 2.16 percent from its previous close at 16,065.42 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended in the red, 101.4 points or 2.11 percent lower at 4,710.95 points.
Broader markets Wednesday also closed lower with the BSE 500 index down 2.06 percent. The BSE midcap index was trading 1.96 percent lower, while the BSE smallcap index was down 1.65 percent.