Markets in free fall; Sensex crashes 806 points as selling intensifies on weak rupee

Mumbai: Markets went into a free fall Thursday with the benchmark Sensex crashing over 806 points to end below the 35,200-level after the rupee crashed to a new life-time low and global crude price breached the USD 86 a barrel. The weakness in other Asian markets and a lower opening of the european shares added to negative sentiments on the domestic bourses. A sharp plunge mainly in healthcare, IT, oil&gas, banking and auto pulled the Sensex lower by 806.47 points, or 2.24 per cent, to close at 35,169.16 points, extending losses for the second straight day. Intra-day, it hit a low of 35,022.12. This is the lowest closing since July 2 when it had settled at 35,264.41.

The gauge had lost 550.51 points Wednesday on worsening rupee woes coupled with surging crude oil prices and unabated foreign fund outflows. The bloodbath on bourses was primarily triggered by continued slide in the rupee which hit yet another low of 73.81 (intra-day) against the dollar, brokers said. Participants indulged in an intense sell-off after the crude hit a four-year high to breach the USD 86 a barrel and the rupee hitting record lows.

Besides, traders have been cautious ahead of the outcome of the ongoing three-day RBI policy meet that began Wednesday. Also, weak cues from other most Asian markets as high US yield and upbeat economic data led to fear that investors would move to the US, accelerating selling pace on the domestic bourses, they added. The 50-share NSE Nifty also cracked the 10,600-level by falling 259 points, or 2.39 per cent, to close at 10,599.25 after hitting a low of 10,547.25.




  1. Pingback: Types Of Fishing Poles

  2. Pingback: เงินด่วน ท่าตูม

  3. Pingback: axiolabs anavar

  4. Pingback: plumber

  5. Pingback: Online Vape Shop

  6. Pingback: fish Tank Heater

  7. Pingback: Hallucinogens for Sale

  8. Pingback: replica reactor watches

  9. Pingback: maha pharma winstrol

  10. Pingback: 토토

  11. Pingback: Devops Services

  12. Pingback: 토블린

  13. Pingback: Harold Jahn Edmonton

  14. Pingback: human hair wigs

  15. Pingback: Beko MWB 2510 EX manuals

  16. Pingback: Procom WAN18N-2 manuals

  17. Pingback: replica watch

  18. Pingback: rolex deepsea replica

  19. Pingback: Scott Schulte

  20. Pingback: Buy Guns online Europe

  21. Pingback: fresh cvv shop

  22. Pingback: practical pair programming

  23. Pingback: สล็อตวอเลท

Leave a Reply

Your email address will not be published.

sixteen − 2 =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us