Moneycontrol PRO
Loans
Loans
HomeNewsBusinessMarketsMarket takes a pounding; rate sensitives among worst hit

Market takes a pounding; rate sensitives among worst hit

It was a complete bloodbath on the markets today with no signs of redemption. The indices started on a weak note and slid further on capitulating global cues.

September 22, 2011 / 16:18 IST

It was a complete bloodbath on the markets today with no signs of redemption. The indices started on a weak note and slid further on capitulating global cues.

The Nifty dived 209 points to close way below the 5000 support to close at 4923. Rate sensitives, metals were the prime draggers.

The Sensex too was a picture of red. It gave up a whopping 704 points to close at 16,361.

Click on the audio icon to get a comprehensive wrap of all the day's action.

first published: Sep 22, 2011 04:04 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347