The wider 50-scrip Nifty of the National Stock Exchange (NSE) plummeted 119.70 points or 1.53 percent and was trading at 7,698.90 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,522.96 points, was trading at 25,361.16 points (at 9.21 a.m.) in the early session, down 358.42 points or 1.39 percent from the previous day's close at 25,719.58 points.

The Sensex touched a high of 25,522.96 points and a low of 25,287.50 points in the trade so far.

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