The Bombay Stock Exchange benchmark Sensex today tanked 434 points in early trade in line with the meltdown in overseas markets. The 30-share index, which had lost 271 points in the previous session, plunged further by 434 points to15,790 points. The wide-based National Stock Exchange index Nifty plunged by 129 points to 4,715 points.Market men said investors sold shares heavily after a steep fall in the US and Asian stock markets as poor US job data stoked concerns over the strength of an economic recovery sending commodity and energy prices tumbling.
News On AIR | February 5, 2010 12:29 PM
Sensex slips 271 pts led by realty, metals