Sensex sinks 587 points amid global selloff; HDFC Bank top drag post Q1 show
The Hindu
BSE Sensex tumbled 586.66 points or 1.10% to close at 52,553.40; NSE Nifty slumped 171 points or 1.07% to 15,752.40
Domestic equity benchmarks posted their biggest drop in more than two months on July 19 as a sell off in global markets and lacklustre corporate results sapped risk appetite. A plunging rupee, which slumped 31 paise against the U.S. dollar, also weighed on sentiment, traders said. The 30-share BSE Sensex tumbled 586.66 points or 1.10% to close at 52,553.40. This was its biggest fall since April 30 this year.
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