Mumbai, Oct 22 (Inditop.com) A key Indian equity index closed 197 points in the red Thursday as investors continued to sell stocks across the board.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 17,031.54 points, ended below the 17,000-mark at 16,812.14 points — 197.03 points or 1.16 percent down from Wednesday’s close at 17,009.17 points.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, ended in the negative at 4,995.8 points, down 1.34 percent.

Broader market indices crumbled under selling pressure as well, with the BSE midcap index ruling 1.79 percent lower and the BSE smallcap index down 1.7 percent.