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Rediff.com  » Business » Market mayhem: 13 biggest falls of the BSE Sensex

Market mayhem: 13 biggest falls of the BSE Sensex

August 16, 2013 19:25 IST

Market mayhem: 13 biggest falls of the BSE Sensex

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The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.

The stock markets were also under heavy pressure after the rupee touched a lifetime low of 62.01 against the dollar in morning deals.

It was the Sensex’s biggest single-day fall since July 2009.

Across market, around 1,583 stocks fell and just 729 rose.

Investor wealth worth Rs 221,268 lakh crore was eroded in on Friday's fall.



Tags: BSE