Monday, 24 August 2015

Share Market Get Crushed;Sensex Plummet 1624 pts biggest dip in 7 Year

It was an ugly Monday  for the share  market. The sensex  lost as many as 1624 points, tumbled to its lowest level since the financial crisis of 2008.

The Nifty  had its biggest one-day loss 7800 level  after hitting day's low of 7769.40. The index fell 490.95 points or 5.92 percent to 7809.

The continued sell-off on Wall Street partly reflected the recent downward momentum for the markets,The sensex and Nifty are all time negative for the today session. 

The Vedanta, GAIL, Tata Steel, ONGC, Reliance Industries and Cairn India were some of the biggest losers, and helped send the stock market  more than  lower. However, only NMDC closed in green on Nifty 50.

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