Sensex tanks 465 pts after India's surgical strikes - News Summed Up

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Sensex tanks 465 pts after India's surgical strikes


Geopolitical tension got the better of the market as the Sensex plunged over 465 points -- the biggest single-day fall in 3 months -- after India carried out "surgical strikes" last night on terror launch pads across LoC. The stocks went into a panic mode soon after the announcement that India conducted surgical strikes last night on terror pads across the Line of Control. The red mark was all over the place as 29 of 30 Sensex stocks slumped. The market breadth turned negative as 2,297 stocks ended in the red, but 442 stocks finished in green while 192 ruled steady. The total turnover on BSE rose to Rs 5,428.13 crore, from Rs 2,932.59 crore during the previous trading session.


Source: dna September 29, 2016 13:30 UTC



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