ndian stocks tumbled like nine pins on Thursday Oct 13,2016, with the benchmark
Sensex plunging over 439 points to close at a three-month low of
27,643.11 after a slew of global factors such as weak Chinese export
data and Fed rate hike talks unnerved investors.
Besides, a caution ahead of retail inflation numbers - to be released after market hours on Thursday- and key quarterly results also influenced trading sentiment in domestic markets.
Shares of finance, telecom, banking, realty, utilities and industrials fell sharply due to heavy profit-booking.
The Sensex opened lower and stayed in the negative zone to hit a low of 27,563.84 points before settling 439.23 points, or 1.56 per cent down at 27,643.11, its lowest closing since July 11,2016
Besides, a caution ahead of retail inflation numbers - to be released after market hours on Thursday- and key quarterly results also influenced trading sentiment in domestic markets.
Shares of finance, telecom, banking, realty, utilities and industrials fell sharply due to heavy profit-booking.
The Sensex opened lower and stayed in the negative zone to hit a low of 27,563.84 points before settling 439.23 points, or 1.56 per cent down at 27,643.11, its lowest closing since July 11,2016
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