Mumbai: The domestic stock market benchmarks, the Sensex and the Nifty 50 crashed 3 per cent on Monday after weak jobs data in the US raised worries over slowing economic growth in the country.
The investors have almost lost Rs15-L Cr after the sensex crashes 3%.
Also Read |
Stock market likely to open lower amid global tensions between Iran and Israel
The Sensex and Nifty saw massive selling in the early morning trades on Monday. The BSE’s 30-share Sensex tanked nearly 2.95 per cent, or 2,393.76 points, to open at 78,588.19. It hit a low of 78,580.46 in early morning trades.
The broader Nifty 50 declined nearly 2 per cent, or 414.85 points, to open at 24,302.85. It fell to a low of 24,077.90 in early trades.
Also Read |
Markets crash amid global rout; Sensex dives 867 points
Among the BSE and NSE companies, the majority of firms were trading in red in morning trades. (with Agency inputs)