Mumbai (PTI): Tracking extremely weak global cues, the Bombay Stock Exchange benchmark Sensex fell by 640 points at 10.30 am on Monday after a record rise on Friday.
Asian indices were down by about 2.5 per cent to 5.5 per cent during morning trade.
The BSE barometer, which was 796 points down in early trade gradually moved to 17,721.48 at 10.30 am, a fall of 640.18 points or 3.49 per cent from Friday's close.
On Friday, the market was 1,140 points up at 18,361.66.
The broader S&P CNX Nifty of the National Stock Exchange also fell substantially by 216.95 points or 4.03 per cent to 5,166.40 at 10.30 am from previous close of 5,383.35.
Market participants said the rollover was very low and investors preferred to lighten commitments ahead of the expiry of January series on Thursday.
Investors were extremely cautious with world markets expecting continued volatility ahead of the US Federal Reserve meeting and Friday's monthly jobs report, they added.
Asian indices were down by about 2.5 per cent to 5.5 per cent during morning trade.
The BSE barometer, which was 796 points down in early trade gradually moved to 17,721.48 at 10.30 am, a fall of 640.18 points or 3.49 per cent from Friday's close.
On Friday, the market was 1,140 points up at 18,361.66.
The broader S&P CNX Nifty of the National Stock Exchange also fell substantially by 216.95 points or 4.03 per cent to 5,166.40 at 10.30 am from previous close of 5,383.35.
Market participants said the rollover was very low and investors preferred to lighten commitments ahead of the expiry of January series on Thursday.
Investors were extremely cautious with world markets expecting continued volatility ahead of the US Federal Reserve meeting and Friday's monthly jobs report, they added.
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