New Delhi  - India's benchmark Sensex fell Tuesday to a three-month low, dropping 2.7 per cent on heavy selling by funds and investors tracking weak global cues.

The 30-share Sensitive index, which has lost more than 8 per cent of its value since last week, shed 412.29 points by midafternoon to trade at 14,653.81 points, a level not seen since mid-March.

Aggressive selling was noticed in the metal and realty sectors.

The broader S&P CNX Nifty of the National Stock Exchange lost 121.4 points to trade at 4379.07, a drop of 2.7 per cent.

Pressure to sell came from a similar weakening trend in global markets and concerns about inflation. (dpa)