Indian stocks plunge nearly 540 points

December 16, 2014 11:48 pm 

MUMBAI, Dec. 16 — Indian stocks plunged nearly 540 points Tuesday due to dampened sentiment of traders and international cues.

The BSE benchmark index Sensex closed at 26,781.44 points, 538. 12 points or 1.97 percent down from the previous close of 27,319. 56 points.

U.S. stock market ended Monday lower as fall in oil prices continued to erode investor confidence. European stocks plunged in the final hours of Monday's session as investors remained anxious about European Central Bank inaction.

All sector-based indices, except information technology and technology, entertainment and media of the the Sensex were trading in the red or flat Tuesday. (PNA/Xinhua)

LAM/SSC

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