Sensex suffers 20098217;s fourth-biggest fall

In a similar fashion,the wide-based National Stock Exchange index cracked the crucial 4,400 points level to trade at 4,356.15,losing 161.65 points. Before the close,the Nifty touched the day8217;s low of 4,332.80 points.

Market participants were withdrawing their investment from the market,fearing that a similar run may not be repeated till the Budget on July 6,brokers said.

The selling spree happened as President Barack Obama,ahead of his final dose to the economy,said the unemployment rate will rise to 10 per cent in the US,the largest market for India8217;s software business.