The Bombay Stock Exchange benchmark Sensex on Monday dipped below the 12,000 points level with a plunge of over 570 points by mid-session on aggressive selling in realty, metal and capital goods.
The 30-share index, which had been on a downward march in recent times, tumbled by 572.23 points at 11,954.09 at 1230 hrs -- its lowest in over two years, as foreign funds remained aggressive sellers.
The National Stock Exchange's Nifty index fell by 174.45 at 3,643.85 at the same time.
Traders said the overseas cues continued to remain sluggish on the back of deepening financial crisis in the US and Europe.
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