Markets continued to bleed, Sensex down 1,122 points, Nifty closes 385 points lower

The NIFTY ended at 24,480.50, down 385.20 points or 1.55 per cent. The index opened at 24,388.80 and touched an intraday high of 24,602.45 before sliding to a low of 24,305.40 during the session.