Sensex crashes over 860 points, Nifty slumps 258 points

Mumbai: The BSE Sensex crashesd 867.34 points to 32,595.63 while the NSE Nifty slumped 258.45 points to 10,074.80 after results of assembly polls trickle in.

The 30-scrip Sensitive Index (Sensex) traded at 561.42 points or 1.68 percent lower soon after opening. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 217.30 points or 2.10 percent lower at 10,115.95 points.

All sectoral indices led by realty, IT, teck, power and and banking were trading in the negative zone with losses of up to 1.74 percent.

The Sensex touched a high of 33,364.52 points and a low of 32,901.55 points in the trade so far.

The gauge had rallied 409.93 points in the previous two sessions after exit polls predicted BJP's win in Gujarat and Himachal Pradesh assembly polls.

The rupee crashed 68 paise to trade at 64.72 against the dollar, which dampened sentiment further.