The equity benchmarks broke in Thursday’s opening trade as the domestic stock market was trapped on to the global fever.
The 30-share Sensex deteriorated as much as 1,037.36 points while the NSE Nifty50 crashed to 321.5 points at 10,138.60 level.
However, the Nifty opened at 10,169.80 and S&P BSE Sensex at 34,063.82.
The Sensex had striked an intra-day low of 33,723.53 and the broader Nifty of 10,138.60 until 9:35 am.
Reliance Industries, HDFC Bank, Heavyweights HDFC, ICICI Bank and Infosys were the main laggards in the Sensex pack.
While 46 out of 50 Nifty stocks traded in the negative.
Meanwhile, the Indian rupee hits a lifetime low of 74.45 against US dollar.
The rupee ended 18 paise higher against the greenback at 74.21 on Wednesday.
Amid declined foreign fund outflows and huge losses in the domestic stock market hurt the market sentiments, the importers have a strong demand for the American currency.