Nifty saw 500 points swing during the day closing near the day''s low and Nifty Junior was down 5%

Bank, realty, metal stocks are the worst hit. Bankex is down over 7% and realty index is down 6%

ACC is down over 13% post its Q3 numbers, its results were below street estimates

ACC, ICICI Bank, Bharti, Suzlon, SBI, were among the major losers on the indices.

TCS was up 3%, it has bagged $1.2 billion order 10-year deal from Nielsen Co. It will provide IT & operations support worldwide to the company.

Sensex was down 717.43 points or 3.83% at 17998.39, and the Nifty down 208.30 points or 3.75% at 5351.00.