Sensex down by 222.14 pts

Mumbai, March 22 -- The BSE Sensex on Friday dropped by 222.14 pooints to settle at 38,164.61 snapping a winning streak of last eight sessions, on profit booking by local operators at higher level.

The Nifty of National Stock Exchange (NSE) fell by 64.15 points at 11,456.90.

The equity market witnessed high volatility today as it opens high by 89 points to 38,452.47. It rallied by 201 points to 38,564.71 day high.

Later, it tumbled down by nearly 274 points to 38,089.36 day low before closing at 38,164.61, sliding by 222.14 points from its last close.

The sectoral indices like Telecom, Auto, Bankex, Oil and Gas, Health Care and Technology slid down. In scrips, Tata Motors DVR, Tata Motors, Reliance Industries that dragged the ma...