Sensex hits record low, below 24,000, sinks 482 points


New Delhi: Sensex today cracked below 24,000-level for the first time since May 16, 2014, by plunging 482 points to 23,998.65.

Oil, banking & financials and infra stocks continued to be under pressure while Wipro was the only gainer on Sensex, up 0.2 percent.

Moreover, the broader NSE Nifty dipped below the 7,300-mark for the first time since June 2, 2014.

Depreciating rupee, which breached the 68-mark by tumbling 4 paise to trade at over 28-month low of 68.06 against the dollar also spoiled the mood.

The 30-share Sensex nosedived by 481.19 points or 1.96 per cent to 23,998.65, its lowest level since May 16, 2014 (intra-day). The gauge had rallied by 291.47 points yesterday.