Sensex dips 224 pts on US rate hike concerns

MUMBAI: Domestic equities failed to sustain the momentum on F&O expiry day as fag-end selling pulled down the benchmark Sensex by 224.03 points, or 0.80%, to 27,836, the worst single-day fall since August 10 when it had fallen by 310 points. The Nifty fell 58.10 points, or 0.67%, to end at 8,592. This was the biggest single-day fall for the benchmark index .