Market in bear grip: Sensex nosedives 1,170 pts; RIL tumbles over 4%
Market benchmark Sensex crashed over 1,170 points to log its worst single-day drop in over seven months on Monday amid concerns over government’s reform measures after farm laws repeal announcement and weak listing of country’s largest fintech firm Paytm. Extending its losses for the fourth straight session, the BSE gauge plunged 1,170.12 points or 1.96 per cent to settle the day at 58,465.89 its lowest closing level in over two months. In terms of absolute single-session drop, this was the biggest fall since April 12 this year. Similarly, the NSE…
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