Thursday, May 18 2006 16:11 Hrs (IST) - World Time -

Mumbai: The benchmark Sensex on the Bombay Stock Exchange today nosedived by 887 points, the biggest fall in the bourse's history, as foreign institutional investors off-loaded heavily on concerns over the falling global equity and metal markets.

The Sensex surpassed all previous records as it lost 887.36 points at 11,330.45 on panic selling by funds.

Similarly, the Nifty index on the wide-based National Stock Exchange by 270.20 at 3365.90 points.

All the 30 shares that form the Sensex and 50 on the Nifty were considerably down on all-round selling.

The major draggers were index heavy-weight Reliance Industries, which lost Rs 90 at Rs 995, Bajaj Auto by Rs 292to Rs 2975, BHEL by Rs 237.85 to Rs 2087, Grasim Industries by Rs 222 to Rs 1950.50, ACC by Rs 124 to Rs 788, Tata Consultancy by Rs 110 to Rs 1905, Infosys Technologies by Rs220 to Rs 3000 and Tata Motors by Rs 94 at Rs 864 and Larsenand Toubro by Rs 197 to Rs 2505.