Sensex tanks 942 pts, Nifty plunges below 24K
MUMBAI [Maha Media]: Benchmark Sensex tanked nearly 942 points to settle at a three-month low while Nifty tumbled more than 1 per cent to close below 24,000 on Monday dragged down by heavy selling in Reliance Industries and banking shares.
The 30-share BSE Sensex tumbled 941.88 points or 1.18 per cent to settle at 78,782.24, the lowest closing level since August 6. During the day, it slumped 1,491.52 points or 1.87 per cent to 78,232.60.
The NSE Nifty tanked 309 points or 1.27 per cent to 23,995.35.