Sensex plunges over 1,000 points, Nifty dives 3.55 per cent lower

Feb 06, 2018, 09:35 IST | IANS

Massive selling erupted in the Indian equities market on Tuesday morning, as the two key indices -- S&P BSE Sensex and NSE Nifty -- opened around 3 per cent lower

Representational Picture
Representational Picture

Massive selling erupted in the Indian equities market on Tuesday morning, as the two key indices -- S&P BSE Sensex and NSE Nifty -- opened around 3 per cent lower. Accordingly, the barometer 30-scrip Sensitive Index (Sensex) on the BSE opened lower by over 1,000 points or 2.90 per cent from Monday's close.

Similarly, the wider Nifty50 of the National Stock Exchange receeded deep into the red. It plunged by over 300 points or 3.00 per cent.

Stocks across Asia plunged today after a record-breaking loss on Wall Street, extending a global rout as panicked investors reacted over rising US borrowing costs and cash in profits after months of market euphoria.

The leading US stock market index on Monday closed down 4.6 per cent at 24,345.75, BBC reported.The fall surpasses a previous record 777.68 points drop on the Dow Jones during the financial crisis in 2008.

Catch up on all the latest Mumbai, National and International news here

Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go

Trending Video

The content/reporting displayed on our website www.mid-day.com is provided "AS-IS," "AS AVAILABLE, by us from third party, agencies, sources, without any verification from our side. It may contain error, bugs and other limitations. The reader's can rely on the content at their own will. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability, data, text, images, video, messages, or any other material whatsoever or for any claims/loss/action that the reader may suffer as a result of relying on the content on our site. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Atal Bihari Vajpayee's daughter, granddaughter arrive at Smriti Sthal to collect ashes

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK