Sensex slumps 324 points; Nifty drops below 11,650 on F&O expiry

Equity benchmark BSE sensex cracked 324 points on Thursday on heavy selloff in auto, metal, energy and financial stocks as boiling crude prices and depreciating rupee weighed on investor sentiment. The NSE Nifty too dropped below the 11,650 mark as April futures and options (F&O) contracts expired, ending 84.35 points, or 0.72 per cent, down at 11,641.80.

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