INSUBCONTINENT EXCLUSIVE:
The broader Nifty50 cracked below 11,000 today.
Domestic stock markets nosedived during Friday's
BSE benchmark index Sensex plunged as much as 1,127 points to hit an intraday low of 35,993, dragged by a heavy selloff in shares of banking
The Sensex slipped below the 36,000 mark for the first time since June 28
The 50-scrip NSE Nifty tumbled 367 points to touch 10,886, a level last seen on July 10
Analysts said panic selling in non-banking financial companies amid fears of outflows led to the sharp fall
The indices, however, recovered some ground in late afternoon deals
At 2:33 pm, the Sensex was trading 640 points lower at 36,480, while the Nifty was down 202 points at 11,031
