Sensex loses 316 points; Nifty down by 94 points
The BSE Sensex on Wednesday lost 315.68 points to close at 24,223.32, while the NSE Nifty fell 93.75 points to settle at 7,361.80. Analysts attributed the negative sentiment to a global sell-off triggered by renewed concerns over slowing growth after oil prices dropped below $30 a barrel. The rupee touched a fresh 29-month low of 68.26 against the US dollar.