Mumbai, July 15: The Bombay Stock Exchange benchmark Sensex dipped below 13,000 points, crashing more than 402 points in opening trade on Tuesday, on all-round selling by funds as well as retail investors, triggered by melt down in global markets.
The BSE-30 share benchmark Sensex, which had lost over 139 points in previous day's trading, dropped by further 402.41 points to 12,928.10 points in the first five minutes of the trade.
Similarly, the Nifty index on the wide-based National Stock Exchange, lost 121.15 points to 3,918.55 as stocks of bluechip companies like Infosys, Reliance Industries and HDFC Bank suffered a setback.
Marketmen said trading sentiment remained week following an ongoing meltdown in global stock markets and political crisis at home.
They said that the Hong Kong market today opened down 2.6 per cent, following Wall Street's overnight tumble that has dragged down Asian markets.
All the Sensex stocks were in the negative zone with steep losses.
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