15.35 PM: Heavy selling drags Sensex 487 pts, Nifty ends around 11,350; RIL, Zee major losers

Benchmark indices finished near day’s low on Wednesday amid weak global cues.

The Sensex has closed below 38,000, while Nifty also break below 11,350 during intraday.

At close, the Sensex was down 487.50 points at 37789.13, while Nifty was down 138.40 points at 11359.50. About 685 shares have advanced, 1778 shares declined, and 148 shares are unchanged.

Zee Entertainment, Bajaj Finance, Reliance Industries, Tata Motors and Bajaj Finserv were among major losers on the Nifty, while gainers were UPL, JSW Steel, Titan Company, BPCL and Coal India.

All sectoral indices ended in red led by energy, pharma, auto, bank, infra, FMCG, metal and IT. Midcap and smallcap index shed 1 percent each.

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