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- People’s trust back in govt: PM
- ‘Kaise ho bhai’: Modi’s candid moment with Akshay Kumar
- Indian startups raise $182m in funding this week
- SpaceX to launch India’s GSAT satellite
- Physics teachers told to inspire students
- Central Bank of India conducts property expo
- Siddhartha College student bags 2nd rank
- Governor expresses grief over demise of Ramamurthy Naidu
- Free coaching to be provided at BC Study Circles in 26 dists
- Previous TTD board looted pilgrims’ money, slams Bhanu
Sensex continues freefall, plunges by 1200 points
The Indian stock markets continue to bleed with the Sensex crashing 1,240.45 points in morning trade. The 30-share BSE fell 3.57 percent at 33,516.71 and the 50-share NSE Nifty fell 369.60 points at 10296.90.
New Delhi: The Indian stock markets continue to bleed with the Sensex crashing 1,240.45 points in morning trade. The 30-share BSE fell 3.57 percent at 33,516.71 and the 50-share NSE Nifty fell 369.60 points at 10296.90.
In the wake of Wall Street's biggest one-day decline since 2011, the crude oil futures also extended their slump.
Meanwhile, Tata Motors crashed 10 percent post earnings.
Maruti Suzuki, HDFC, Reliance, State Bank of India (SBI), Axis Bank, ITC were all down three to seven percent.
The Indian Rupee too is trading at its lowest level since December 2017.
Rupee plunged 29 paise in the early trade. It opened at Rs. 64.35 per dollar as against Rs. 64.06 on Monday.
Earlier in the day, the Dow Jones Industrial Average fell 1,175.21 points to 24,345.75.
The S&P 500 lost 113.19 points or 4.10 percent to 2,648.94 and the Nasdaq dropped 273.42 points to 6,967.53.
