#BlackMonday: freefall continues as Sensex tanks over 1400 points amid global sell-off
The benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), today plunged over 1400 points or nearly 5 per cent on global woes including the economic meltdown in China and Rupee's fall against Dollar. Nifty of the National Stock Exchange (NSE) also took a steep fall of over 443 points mirroring the trends on BSE.
The Bombay Stock Exchange (BSE) Sensex, which opened at 26,730.40 points was trading at 26,477.67 points (at 9.16 a.m.) in the early session, down 888.40 points or 3.25 percent from the previous day's close at 27,366.07 points.
The BSE Sensex is currently trending at 25940.25 and Nifty is trading at 7858.65.
PTI added that Rupee crashed to 66.49 against the US dollar in opening trade. Markets witnessed a free fall over global growth concerns on Monday morning as Nifty fell below the 8,000-mark.
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