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Sensex down 101 pts, auto stocks hit

The Sensex closed the day lower by over 100 points amid a plunge in global markets.

Amid volatility in stock markets, country's fund houses witnessed a nearly 7% decline in assets in November.

Oil fell below $48 a barrel on signs that the global economy was in worse shape than thought.

Asian equities slid on Tuesday after signs of a deepening global economic slump slammed stocks worldwide the previous day.

The rupee fell by 25 paise against the US $ to a fresh low of 50.53/54 in the opening trade.

The Sensex provisionally fell 2.89 pct on Monday, weighed down by weak European markets.

The Indian rupee weakened in afternoon trade on Monday as sharp losses in the share market raised concerns of further capital outflows.

Oil fell below $52 on Monday after OPEC decided to wait until mid-Dec to make another cut.

Gold prices declined in futures trading on Monday on fresh selling in view of a weakening trend in global markets.

Shrugging off the worst-ever terror attack, the Sensex on Friday closed 66 points higher.

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