Sensex closes 132 points down in volatile trading

The BSE Sensex fell for the sixth day and closed 132.27 points down to below the 17,000 mark in volatile trade as investors sold blue-chips, especially IT stocks, amid a rout in global equities. The Bombay Stock Exchange key index fluctuated over 703 points in intraday trade before closing at 16,857.91, a level last witnessed in June last year. Broad-based National Stock Exchange index Nifty ended 45.65 points lower at 5,072.85 after touching the day's high of 5,167.