Bears tightened their grip on Dalal Street, dragging Nifty below 23,150 intraday on March 13 amid broad-based selling as rising geopolitical tensions pushed crude oil prices higher.


Amid weak global cues, the market opened weak with Nifty below 23,500, and with extended profit booking it touched day's low of 23,112, before closing near the day's low.

At close, the Sensex was down 1,470.50 points or 1.93 percent at 74,563.92, and the Nifty was down 488.05 points or 2.06 percent at 23,151.10.

Broader indices underperformed the benchmarks, with the Nifty Midcap and Smallcap each falling 2.5%.

Both BSE Sensex and Nifty declined more than 5 percent each during the week, recording their biggest weekly fall in more than a year.

The Indian rupee depreciated for the second consecutive session to hit a fresh record low of 92.47 against the US dollar. It settled at 92.45, down 26 paise from the Thursday's close.

In today's fall, the market capitalisation of BSE-listed companies declined by nearly Rs 10 lakh crore to around Rs 430.18 lakh crore from Rs 440.06 lakh crore in the previous session.

Hindalco, L&T, Tata Steel, UltraTech Cement, JSW Steel were among biggest losers on the Nifty, while gainers included Tata Consumer, HUL, Bharti Airtel.

All other sectoral indices ended in the red with auto, PSU Bank, metal, media, PSU Bank down 3-4%.

More than 500 stocks touched their 52-week low, including Sapphire Foods, Birla Corp, Gravita India, Latent View, Jyoti CNC Auto, Tata Motors Passenger Vehicles, Newgen Software, Embassy Developers, Sonata Software, Piramal Pharma, Five-Star Business, Vedant Fashions, Exide Industries, Jyothy Labs, Alkyl Amines, Berger Paints, HDFC Bank, Indegene, KPIT Technologies, among others