MUMBAI: Benchmark stock indices on Tuesday crashed over 2 percent, and the rupee tumbled 97 paise to a level not seen in over nine months as unpleasant news continued to flow in for the Indian economy.
The BSE Sensex crashed about 770 points, and the NSE Nifty dived over 225 points after investors indulged in panic selloffs as dismal GDP print, weak core sector growth and disappointing auto sale numbers pointed to deepening economic crisis in the country.
The benchmark indices also saw their biggest intra-day plunge in nearly 11 months.
Large selloffs in equities saw investor wealth eroding by Rs 2.55 lakh crore.
この記事は Millennium Post Kolkata の September 04, 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Millennium Post Kolkata の September 04, 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
E-cigarettes Banned To Prevent Youth From Intoxication: Modi
PM says the scourge and this obnoxious habit should not become rooted in society
‘Shifting Assam Rifles' OPS Control To HM Will Impact Vigil Along China Border'
Army seeks Defence ministry’s intervention.
Out Of Space
Environmental and anthropogenic factors have not just degraded elephant habitats but also left them stressed leading to a change in their social behaviour.
RBI To The Rescue
Arjavi Indraneesh discusses RBI’s TAT mechanism and compensation in the wake of increasing transaction failures and resulting adversity on customer’s account
‘I Always Want To Be Relatable'
The 28-year-old actor says, even after becoming a Bollywood actor, he feels he is not tailor-made for the profession.
South Bengal Braces For Heavy Rainfall, Intensity To Reduce From Tuesday
KOLKATA: The Alipore weather office on Sunday predicted heavy to very heavy rainfall in three districts of South Bengal and medium rainfall in the rest of the districts including Kolkata, in the next 24 hours. The intensity of rainfall will reduce from Tuesday.
‘India, Russia Want To Diversify, Strengthen Bilateral Relations'
NEW DELHI: Prime Minister Narendra Modi on Tuesday said he looks forward to discussing regional and international issues of mutual interest with Russian President Vladimir Putin during his visit to Vladivostok to attend the Eastern Economic Forum.
The Dictum On Desertification
With land being at the core of fighting climate change which is certain to hurt all sections eventually, UNCCD COP14 presents an opportunity.
Teen Birth Control Use Linked To Adult Depression
Millions of women worldwide use oral contraceptives and they are particularly popular among teenagers, the study revealed.
Sonia To Decide On Next MP Cong Chief: Scindia
Scindia had lost the race of CM to Nath narrowly after the Congress came to power in the state in Dec last year after 15 years of BJP rule.