DSIJ Mindshare

Closing bell: As global markets nosedive, Sensex concludes with a 1,457-point loss; Nifty settles below 15,800

Besides, the global markets tumbled on fears of aggressive Fed policy tightening later this week.

Kaustubh Bhosale 0 427 Article rating: 5.0

Indian stocks opened 2 per cent lower on Monday with the rupee plunging to a new low of 78.28 per dollar.  

Watch out for these penny stocks locked in the upper circuit on June 13

Sensex plunged 1,402 points to 52,901 level at 11.00 am.

Kaustubh Bhosale 0 2574 Article rating: 4.0

Dalal Street had a very bad start to the week on Monday morning as the market fell over 2.5 per cent, tracking global peers. Other factors responsible for such a fall include the US inflation print, which was released on Friday; stoking fears of more aggressive interest rate hikes by Federal Reserve as well as investors’ fear in anticipation of Indian inflation data, due today.  

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