Sensex sinks 306 points, closes at 34,345, Nifty settles at 10,430

Benchmark indices fell on Wednesday pulled down by oil companies, while mining and energy conglomerate Vedanta Ltd hit an over 10-month low as protests against its copper plant in south India turned violent.

BSE Sensex closed lower by 306.33 points, or 0.88%, to 34,344.91, while the Nifty 50 fell 106.35 points, or 1.01%, to close at 10,430.35.

All the sectoral indices on BSE, except capital goods and consumer durables, ended lower with metal, oil and gas, basic materials and energy fell up to 3.93%.