The mood was extremely bearish on Indian stock exchanges in today’s session. Heavy selling action was witnessed across midcap and smallcap sectors. Both fell over 5% each.

Today, the 30-share index, BSE Sensex opened at 13,666.28, down 334.53 points, as against its last closure at 14,000.81, down 483.02 points, on Friday (Sep 12).

All stocks have been hammered since morning. Realty sector, which plunged more than 7%, was among the worst hit. On the other hand, IT, power and banking stocks plunged 7.29%, 6.85% and 6.15% respectively.

At 12.05 p.m., the 30-share index Sensex stood at 13,256.46, down 744.35 points, after hitting a high of 13,666.28 and a low of 13,150.81.

In the meantime, the broad based Nifty was trading down 246.05 points at 3,982.40 after touching a high of 4,237.25 and a low of 3,955.40.

Market breadth worsened as it saw 217 advancements as against 2,149 declinations.

The major losers’ in the Sensex were Reliance Infrastructure, which declined 11.72%, Satyam Computer Services fell 9.29%, Sterlite Industries (India) dropped 8.75%, Jaiprakash Associates slashed 8.60%, D L F declined 7.91% and Reliance Communications lost 7.45%.