Sensex sinks amid global woes, but RIL jumps 10%

Mumbai, August 13 

Equity benchmark Sensex today suffered its steepest single-day fall of 624 points dragged by losses across the board as fears about long-lasting trade war, Hong Kong protests and Argentine currency crash spooked investors.

The NSE gauge Nifty too tumbled nearly 184 points to settle below the key 11,000-level.

Bucking the overall downtrend, shares of Reliance Industries (RIL) rallied nearly 10%, capping the Sensex loss to a large extent.

After diving nearly 700 points in the fag-end of the session, the 30-share Sensex settled 623.75 points, or 1.66 per cent, lower at 36,958.16. It hit an intra-day low of 36,888.49 and a high of 37,755.16.

While the NSE Nifty slumped 183.80 points, or 1.65 per cent, to 10,925.85. During the day, it hit a low of 10,901.60 and a high of 11,145.90. — PTI