Benchmark Sensex erased early gains and plunged 216 points in late morning trade, while the Nifty tested the 10,000 level due to sudden selling pressure in realty, oil & gas, power, energy, banking, capital goods and FMCG counters amid lower Asian cues.
The BSE mid—cap and small—cap indices too were down 0.86 per cent and 0.95 per cent, respectively.