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It proved to be a very bad day for Indian Stock markets as benchmark Indian indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY fell by over 4 percent today as weak global economic condition of US and European economy played spoilsport. Yesterday's statement made by US federal Reserve about grim economic condition of USA pulled Global Stock markets down today.
Indian stock markets nosedived after European stock markets opened in deep red today responding to yesterday's Fed statement. All the components of SENSEX closed in red today and sectoral indices also remained miserable.
BSE 30 component SENSEX index fell by a whopping 704 points, to close at 16,361.15, its lowest close in nearly one month.
Indian Stock Markets highlights:
