Sensex near 4-month lows, piles up losses for 4th day

Mumbai: Sensex plummeted some 97 points to hit nearly four-month low of 27,430.28, falling for the fourth straight session, and Nifty crashed below the key 8,500-level today, tracking cautious global markets amid a new poll suggesting a likely win for Donald Trump in US election.

After opening lower at 27,518.06, the Sensex recovered to the day's high of 27,600.74 on bargain-buying by participants, including domestic financial institutions.

However, it again slipped into negative terrain to hit a low of 27,399.26 before settling 96.94 points, or 0.35 per cent, lower at 27,430.28. The Nifty after shuttling between 8,476.15 and 8,537.65, concluded 29.05 points or 0.34 per cent down at 8,484.95.