Market closes 655 points down

Mumbai, July 15(IANS) The Indian equities market closed deep in the red Tuesday.

The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 13,067.08 points, touched a low of 12,605.00 before closing at 12,676.19 points. It went down by 654.32 points or 4.91 percent at the day's close.

The National Stock Exchange (NSE) S & P Nifty, which opened at 4,039.30 points, closed at 3,861.10 points. It went down by 178.60 points or 4.42 percent.