News

Sensex hits 20-month low

by IBNS 20 Jan 2016, 07:38 am

Mumbai, Jan 20 (IBNS) The BSE Sensex slumped nearly 2 per cent on Wednesday, while the 50-share Nifty index sunk over 135 points below 7,300 for first time since June 2, 2014, reports said.

The rupee also came under pressure, sliding to a 28-month low of 67.95 versusTuesday's close of 67.65 per dollar.

 The BSE Sensex shed over 450 points to hit an intraday low of 24,025. The blue-chip index last traded around these levels in May 2014. The broader Nifty hit an intraday low of 7,291.