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Monday, 24 August 2015

Stock Market Crashed; Sensex fall 1624 pts at 25741 on Monday

The stock market got crashed on Monday trading session, both the indices touch their lowest on a single day in 2015. 

The BSE Sensex fell 1624.51 points ends at 25741.56, while Nifty managed to 7800 level after hitting the low of 7769.40, the 50-share NSE Nifty down 490.95 points to 7809. 

Today’s tremors wiped out more than Rs.7 lakh market capitalization. The rupee also declined further, down 81 paise to 66.64 a dollar. 

Banks, metals, oil and capital goods stocks crumbled today. Vedanta, GAIL, Tata Steel, ONGC, Reliance Industries and Cairn India were the biggest losers in Sensex, down 9-15 percent. However, only NMDC closed in green on Nifty 50.