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Sensex down 267 points as stocks tumble on selling pressure
Amid mounting worries about the economy and on the rupee's sharp slide against the U.S. dollar, the market, which was moving sideways after a weak start this morning, has plunged deeper into the red now. The Sensex, which tumbled by nearly 300 points to 16.854.37, is now at 16,884.43, down 266.76 points or 1.56% from its previous closing mark. The Nifty is down 82.55 points or 1.59% at 5105.85, slightly
Amid mounting worries about the economy and on the rupee's sharp slide against the U.S. dollar, the market, which was moving sideways after a weak start this morning, has plunged deeper into the red now. The Sensex, which tumbled by nearly 300 points to 16.854.37, is now at 16,884.43, down 266.76 points or 1.56% from its previous closing mark. The Nifty is down 82.55 points or 1.59% at 5105.85, slightly
UPDATE 1-India IRB chairman investigated in murder case
* Chairman investigated in anti-corruption activist murder case
* Chairman investigated in anti-corruption activist murder case
UPDATE 1-India IRB chairman investigated in murder case
* Chairman investigated in anti-corruption activist murder case
* Chairman investigated in anti-corruption activist murder case
India's IFCI to sell at least 1.5 bln rupees in bonds
- IFCI Ltd is planning to raise at least 1.5 billion rupees ($28.54 million) through a private placement of unsecured bonds, according to a term sheet obtained by Reuters.
- IFCI Ltd is planning to raise at least 1.5 billion rupees ($28.54 million) through a private placement of unsecured bonds, according to a term sheet obtained by Reuters.
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