The benchmark BSE Sensex fell by 588.15 points to 27,254.17 and the NSE Nifty dipped under the 8,300 mark in opening trade today on heavy selling by funds and investors amid global sell-off on worries about Eurozone and sinking oil prices.

The benchmark BSE Sensex fell by 588.15 points to 27,254.17 and the NSE Nifty dipped under the 8,300 mark in opening trade today on heavy selling by funds and investors amid global sell-off on worries about Eurozone and sinking oil prices.