1:25 Pm The Sensex down 430 points at 20,220.22 and The nifty 129 points down at 5985.
MSF RBI rate cut to 0.75 per cent. However, the repo rate has been increased to 0.25 per cent while the markets were disappointed.
International market up and down and the Rupee under pressure on the domestic market saw, the Rupee against dollars had dropped down to the 62.16 levels.
1:30 PM The Sensex down 427.75 points or 2.07% at 20218.89 and the nifty is down 138.95 points or 2.27% at 5976.60.
The S&P BSE FMCG, Bankex, Auto index, Metals, Oil & gas index down while IT, Health care up.