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21 Nov 2009, 06:27 HRS IST
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  • Sensex tanks 491 points on global cues
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STAFF WRITER 16:31 HRS IST

Mumbai, Nov 3 (PTI) The Bombay Stock Exchange benchmark Sensex today tumbled nearly 500 points to close at two- month low amid a steep fall in bourses across the world on fears that economic recovery will not be as swift as expected.

Extending losses to the sixth day in a row, the 30-share Sensex closed sharply lower by 491.34 points to close at 15,404.94, a level last seen on September 3.

The biggest fall before this was on August 17 when it tanked 600 points. In the previous five trading sessions, it had lost 914.53 points.

The National Stock Exchange index Nifty also dropped by 147.80 points, or 3.14 per cent to 4,563.90.

Hectic selling was further augmented in the last one hour of trading trading after in European stocks opened weaker.

Blue-chips such as RIL, Infosys, SBI led the fall.

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