Mumbai Sep 21 (IANS) Amidst highly volatile trade the key Indian equity indices slumped with the S&P BSE Sensex losing over 1 000 points on Friday afternoon only to recover from the day s lows within minutes.
At around 1 p.m. the Sensex lost 1 127.58 to touch an intra-day low of 35 993.64 points.
Sudden and heavy selling pressure was witnessed across the sectoral indices with the banking and finance counters losing the most.
At 2.28 p.m. the NSE Nifty50 traded at 11 061.75 points lower by 172.60 points or 1.54 per cent from the previous close.
The BSE Sensex which had opened at 37 278.89 points traded at 36 588.57 points lower by 532.65 points or 1.43 per cent from the previous close of 37 121.22 points.
So far it has touched an intra-day high of 37 489.24 points and a low of 35 993.64 as yet.
The top gainers on the Sensex were NTPC Reliance Axis Bank ITC and ONGC while the major losers were Yes Bank Tata Motors (DVR) Infosys Tata Motors and Kotak Mahindra Bank.

--IANS ravi-rrb/ksk/vm