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![The Sensex tumbled by 466 points in the morning trade on all-round selling from operators following sharp fall in Asian markets and overnight steep fall in US bourses as oil prices continue its sustained fall [AP Images]](http://thebricspost.com/wp-content/uploads/2013/07/india-stock-exchange.jpg)
The Sensex tumbled by 466 points in the morning trade on all-round selling from operators following sharp fall in Asian markets and overnight steep fall in US bourses as oil prices continue its sustained fall [AP Images]
The S&P BSE Sensex lost 2.2 per cent to 27,237.95 at 12:116 p.m. in Mumbai.
The Sensex tumbled by 466 points in the morning trade on all-round selling from operators following sharp fall in Asian markets and overnight steep fall in US bourses as oil prices continue its sustained fall.
Shares of refinery, realty, auto, capital goods and power declined sharply on heavy selling pressure.
Asian markets were trading sharply lower after stocks on Wall Street declined overnight following the relentless fall in oil prices. Key indices in China, Japan, Hong Kong, Singapore, Taiwan, Singapore and South Korea were off 0.59 pct to 2.65 pct.
US stocks fell sharply yesterday with the S&P 500 extending losses into a fourth session, as energy companies reacted following the fall of oil price to its lowest since April 2009.
Meanwhile, the Indian currency, rupee, failed to maintain its initial gains against the US dollar on Tuesday morning and was down four paise to 63.45 per dollar on fresh demand for the greenback from banks and importers amid a sharp fall in equity markets.
Source: Agencies
