Sensex drops by 289.29 points and Nifty closes at 11823.30

(G.N.S) dt. 14 Mumbai The Benchmark BSE closed at the end of the day at 289.29 points, or 0.73 per cent, lower at 39,452.07. The index hit an intra-day low of 39,363.45 and a high of 39,799.90. The broader NSE Nifty tumbled 90.75 points, or 0.76 per cent, to close