Sensex down 167 points

Indian equity markets closed deep in the red on Monday. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) recovered from its initial plunge of about 602.65 points to provisionally close at over 166 points down. The wider 50-scrip Nifty of the National Stock Exchange (NSE) provisionally closed the day's trade in the negative territory. It fell by 52 points or 0.62% at 8,329.25 points. The 30-scrip S&P BSE Sensex, which opened at 27,451.07 points, closed the day's trade at 27,645.15 points (at 3:30pm), down 166.69 points or 0.60% from its previous day's close at 27,811.84 points. The Sensex touched a high of 27,695.32 points and a low of 27,209.19 points in the intra-day trade, according to a news agency.