MUMBAI, Jan 27 (PTI): Five days of sharp losses turned bloody on the sixth day today on the markets, with funds and investors pressing the panic button, pulling down the Sensex by nearly 500 points – biggest single-day fall since August.
After a 188 points downside opening, the Bombay Stock Exchange 30-share barometer continued to fall and ended the day crashing 490.64 points or 2.92 per cent to settle at 16,289.82 –a low seen last time since November 3 last.
A litany of bad news both onshore and offshore lead to the biggest single-day crash of the market since August 17 last.
No comments:
Post a Comment