Jittery global markets weigh on Indian stocks

MUMBAI: Indian investors were at a complete loss on Thursday with all the three major markets -- stocks, gold and rupee – taking a drubbing due to the bearish sentiment across global markets. In stocks, traders unwound positions across the board, with the oil & gas and power sectors being the hardest hit. 

Bombay Stock Exchange's Sensex settled at 14,324.29, down 338.32 points or 2.31 per cent. The index slumped to an intra-day low of 14,265.38 after opening at 14,557.33.

National Stock Exchange's Nifty ended 2.55 per cent or 112.3 points lower at 4287.95. The index swung between a high of 4399.30 and low of 4272.75. 

Midcaps and smallcaps also faced the brunt of the bear onslaught. The BSE Midcap and Smallcap indices were down 1.08 per cent and 1.12 per cent, respectively.