Sensex closes 383 points down after 900-point swing
Indian equity benchmark Sensex reversed early gains on Wednesday to close down 383 points at 34,779.58 amid heavy selling in auto and financial stocks. The flagship index swung nearly 900 points during the session. Shares of housing finance companies were under pressure with Repco Home Finance, Dewan Housing Finance and Indiabulls Housing Finance plunging up to 14.3%.n