Dynamite News Sensex falls over 325 pts on weak global cues
The benchmark BSE Sensex plunged over 325 points and slipped below the 38,000-mark in early trade Monday, in tandem with weak global cues and depreciating rupee.
Mumbai: The benchmark BSE Sensex plunged over 325 points and slipped below the 38,000-mark in early trade Monday, in tandem with weak global cues and depreciating rupee.
The 30-share index, which had lost 222.14 points on Friday, was trading lower by 325.49 points, or 0.85 per cent, at 37,845.24.
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Similarly, the NSE Nifty fell 103.90 points, or 0.78 per cent, to 11,353 after hitting a low of 11,342.90.
Global cues turned weak tracking Friday's sell-off on the Wall Street after a weak manufacturing data from the US and Europe raised fears of an economic slowdown.
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The US Dow Jones Industrial Average had ended 1.77 per cent lower on Friday. (PTI)