Sensex sees 2nd record plunge of year |
The Indian markets slipped further in the last hour of the trade on August 13 amidst a weak opening in the European markets.Global weakness on account of the crash in Argentina`s peso, political unrest in Hong Kong and the long-drawn U.S.-China trade war led to the Indian benchmarks losing heavy ground, even as strong gains in Reliance Industries (RIL) helped the indices limit the day`s losses. The 30-share Sensex lost 623.75 points or 1.66% to close at 36,958.16, which was only marginally above the day`s low of 36,888.49. This was the second-highest single day fall for the Sensex in the current calendar year after July 8 when it had lost 793 points or 2.01%.
|
|
|
|