Bloodbath on Dalal Street: Sensex Plunges Over 1,000 Points - ULTIMATE KNOWLEDGE HUB

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Thursday, October 11, 2018

Bloodbath on Dalal Street: Sensex Plunges Over 1,000 Points

The domestic equity markets caught on to the global fever as both the equity benchmarks cracked in early trade on Thursday. The S&P BSE Sensex sunk as much as 1,037.36 points and the Nifty50 hit 10,138.60 level, 321.5 points below its previous close. The Sensex opened at 34,063.82 and the Nifty at 10,169.80. Until 10:29 am, the Sensex had hit an intra-day low of 33,723.53 and the Nifty of 10,138.60. Experts said that the markets tanked owing to global rout witnessed across Asia after Wall Street suffered its worst drubbing in eight months.

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