Falling prey to the global contagion amid rising oil prices and sliding rupee, the domestic equity market came under heavy selling pressure on Thursday. The S&P BSE Sensex took a massive 806-point, or 2.14 per cent, cut to settle at 35,169 levels, while the broader Nifty50 ended at 10,599 levels – down 259 points, or 2.39 per cent.
Among specific stocks, RIL plunged 7 per cent to Rs 1,120 per share, followed by HeroMoto Corp (5.45 per cent) and TCS (4.54 per cent). Bucking the trend, ICICI Bank rallied 4 per cent on reports that the bank's board has accepted Chanda