<p>Equities tumbled for a sixth straight session today as the BSE Sensex plummeted by 274 points while the NSE Nifty cracked below the 7,700-level as investors grew worried about a possible delay in the key tax reform bill.<br /><br /></p>.<p>Moreover, a muted trend in other Asian markets, following overnight losses in US equities, and a lower opening in Europe along with a plunge in oil prices, accelerated selling here.<br /><br />The 30-share Sensex fell 274.28 points or 1.08 per cent to close at 25,036.05, its weakest closing since September 7. During the day, it hovered between 25,012.22 and 25,316.95.<br />The gauge has now lost 1,133.36 points in six sessions.<br /><br />The broader NSE Nifty went below its crucial level of 7,700-mark by tumbling 89.20 points or 1.16 per cent to close at 7,612.50.<br /><br />Of the 30-share Sensex pack, 25 dropped while five led by BHEL, TCS and ITC, ended higher.<br /><br />"Uncertainty over the fate of GST and other reform bills and rupee quoting at over two-year lows dampened sentiment," said Manoj Choraria, a Delhi-based NSE stock broker.<br /><br />According to traders, persistent foreign fund outflows by investors as market has been lacking any positive domestic and global cues and a likely hike in interest rates by the US Federal Reserve bogged down markets.<br /><br />Sectoral indices metal, healthcare, oil&gas, auto and realty were among the worst hit.<br />Metal space stocks bore the brunt with Vedanta, Tata Steel and Hindalco falling up to 5.57 per cent, dragging down the the sectoral index by 3.07 per cent.<br /><br />The broader markets too felt the heat, with BSE small-cap and mid-cap indices falling 2.24 per cent and 1.76 per cent, respectively.<br /><br />Globally, all major indices in Asia ended lower while those in Europe were quoting in the red in their early trade.<br /><br />Foreign investors sold shares worth Rs 518.46 crore yesterday, as per provisional data.</p>
<p>Equities tumbled for a sixth straight session today as the BSE Sensex plummeted by 274 points while the NSE Nifty cracked below the 7,700-level as investors grew worried about a possible delay in the key tax reform bill.<br /><br /></p>.<p>Moreover, a muted trend in other Asian markets, following overnight losses in US equities, and a lower opening in Europe along with a plunge in oil prices, accelerated selling here.<br /><br />The 30-share Sensex fell 274.28 points or 1.08 per cent to close at 25,036.05, its weakest closing since September 7. During the day, it hovered between 25,012.22 and 25,316.95.<br />The gauge has now lost 1,133.36 points in six sessions.<br /><br />The broader NSE Nifty went below its crucial level of 7,700-mark by tumbling 89.20 points or 1.16 per cent to close at 7,612.50.<br /><br />Of the 30-share Sensex pack, 25 dropped while five led by BHEL, TCS and ITC, ended higher.<br /><br />"Uncertainty over the fate of GST and other reform bills and rupee quoting at over two-year lows dampened sentiment," said Manoj Choraria, a Delhi-based NSE stock broker.<br /><br />According to traders, persistent foreign fund outflows by investors as market has been lacking any positive domestic and global cues and a likely hike in interest rates by the US Federal Reserve bogged down markets.<br /><br />Sectoral indices metal, healthcare, oil&gas, auto and realty were among the worst hit.<br />Metal space stocks bore the brunt with Vedanta, Tata Steel and Hindalco falling up to 5.57 per cent, dragging down the the sectoral index by 3.07 per cent.<br /><br />The broader markets too felt the heat, with BSE small-cap and mid-cap indices falling 2.24 per cent and 1.76 per cent, respectively.<br /><br />Globally, all major indices in Asia ended lower while those in Europe were quoting in the red in their early trade.<br /><br />Foreign investors sold shares worth Rs 518.46 crore yesterday, as per provisional data.</p>