The Sensex at the Bombay Stock Exchange tumbled 333 points, to 16,187 in opening trade, today. The market fell on heavy selling by investors, following a steep fall in the global bourses, on concerns that the European fiscal crisis might deepen further and hurt global growth. But the Sensex has since recovered partially, and stood 159 points, or 1 per cent in the red, at 16,361, a short while ago. However, other Asian markets took a beating, with key stock indices in Japan, Indonesia, Singapore and Taiwan dropping between 1.7 per cent and 4 per cent today. The US Dow Jones Industrial Average had plunged 3.6 per cent overnight–its biggest single-day fall in more than a year.
News On AIR | May 21, 2010 1:46 PM
BSE Sensex recovers