Biggest crash in stock market as Sensex sinks over 1000 pts; Nifty below 10300

NewsBharati    06-Feb-2018
Total Views |

Mumbai, February 6: The SENSEX crashed by over a 1,000 points and is trading at 33,736.30, while the NIFTY is down by 300 points and more to trade at 10,355.20. Shares went down in Asia as US markets witnessed the biggest drop in the Dow Jones industrial average since 2011. 

Following the Wall Streets worst plunge in 6 years, the Indian regulatory body for finance is closely monitoring the situation. It was the biggest single-day fall in two-and-a-half years.

This is its biggest single session fall since August 24, 2015, when it had lost 1,625 points. The broader NSE Nifty cracked below the 10,800-mark by tanking 256 points, or 2.33 percent, to 10,761 at close.

Intra-day, it hit a low of 10,736. BSE Broader markets too suffered a meltdown, with the small-cap index falling 4.65 percent and mid-cap index down 4.03 percent.

After yesterday's plunging of 44 paise to close at a near two-week low rupee today gained 4 paise to close at 64.06 against the US dollar.

And, Brent crude futures prices today gained 457 cents, or 0.67 percent. It was trading at 69.18 dollars a barrel when reports last came in.

Sensex BSE Nifty NSE Share Market Stock Market Sensex record