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    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

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    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

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    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

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    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

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    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

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    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

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    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

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    Let Lamine Yamal grow without pressure for the sake of football, says Cristiano

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    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

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    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

    Let Lamine Yamal grow without pressure for the sake of football, says Cristiano

    Let Lamine Yamal grow without pressure for the sake of football, says Cristiano

    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

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Home Economy

BSE Sensex plunges by over 537 points

Lakshmi Puri by Lakshmi Puri
January 4, 2016
in Economy, Share Market
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ProMASS News Bureau: Jan 4, 2016:

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In its biggest fall in more than three months, the benchmark BSE Sensex on Monday plunged by 537.55 points to crack below the 26,000-mark as worries over China’s economic slowdown and geopolitical tensions in the Middle East combined to spook investors. In addition, domestic manufacturing sector output shrinking to a 28-month low in December and fresh weakness in the rupee, further accelerated selling activity. Moreover, global crude prices surged by 1.64 per cent to USD 37.89 per barrel while in the local market, rupee weakened by 45 Paise to 66.59 (intra-day) against the dollar.

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In other Asian markets, The Shanghai index plunged by more than 7 per cent and trading was halted for the rest of the day.  Japan’s Nikkei tumbled 3.06 per cent and Hong Kong’s Hang Seng lost 2.68 per cent. European markets were also down in their early trade.

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