Mumbai, September 24: Panic is back in the Dalal Street after Sensex has plunged 536 points, down 1.46 percent to end at 36,305. The Sensex throughout the day continued to trade in the red. On Friday, the BSE benchmark index tumbled almost 1,000 points, but the markets, however, recovered towards the end of the day on the back of positive global cues and a firm rupee.

Nifty is further expected to remain volatile and further weakness is expected. The Nifty50 index closed the day at 10,974, down 168 points (1.51 percent). In August Sensex had breached 38,000-mark for the first time in Indian history few backs. Sensex Sees Bloodbath With 1,000 Points Fall, Recovers Later; Nifty Plunges by Over 100 Points.

Sell off were largely seen in the financial space, particularly in the non-banking financial companies (NBFCs), which weighed big on the indices. Selling was seen across banks, auto, FMCG, metals and pharmaceuticals indices as well.

(The above story first appeared on LatestLY on Sep 24, 2018 04:16 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).