Sensex crashes to 19-month low, sinks 335 points on Asian cues
MUMBAI: The benchmark BSE Sensex plunged over 335 points to hit a fresh 19-month low and the NSE Nifty crashed below the 7,500-mark in early trade on Monday due to heavy selling by funds and investors tracking weak Asian markets amid persistent China fears.
The 30-share index was trading down by 335.43 points, or 1.34 per cent, to 24,598.90 with all sectoral indices led by metal, capital goods and PSU leading the fall with losses up to 2.29 per cent.
The Sensex had gained 82.50 points in the previous session on Friday.
On similar lines, the NSE Nifty dropped below the 7,500-mark by falling 105.70 points, or 1.39 per cent, to 7,495.65.
Brokers said sentiment dampened following other Asian markets amid unabated China fears which led to massive losses on global markets last week, overshadowing a strong US jobs report.
Read full article: TOI
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