Dynamite News Stock Market: Sensex crashes by 2,400 points; Investors lose Rs15-L Cr
Among the BSE and NSE companies, the majority of firms were trading in red in morning trades. Read further on Dynamite News:
Mumbai: The domestic stock market benchmarks, the Sensex and the Nifty 50 crashed 3 per cent on Monday after weak jobs data in the US raised worries over slowing economic growth in the country.
The investors have almost lost Rs15-L Cr after the sensex crashes 3%.
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The Sensex and Nifty saw massive selling in the early morning trades on Monday. The BSE’s 30-share Sensex tanked nearly 2.95 per cent, or 2,393.76 points, to open at 78,588.19. It hit a low of 78,580.46 in early morning trades.
The broader Nifty 50 declined nearly 2 per cent, or 414.85 points, to open at 24,302.85. It fell to a low of 24,077.90 in early trades.
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Among the BSE and NSE companies, the majority of firms were trading in red in morning trades. (with Agency inputs)