Gold Silver Reports – Market Live: Sensex trades 1,000 points lower, Nifty near 10,300, BSE Realty falls 5% — Investors lost around Rs4.95 trillion amid sell-off in the broader market on Monday when benchmark Sensex slumped nearly 1,274.35 points to 33,482.81 points, while Nifty declined 371.40 points to 10,295.15, tracking global selloff.
Both Nifty and Sensex fell nearly 3.5%, their biggest fall since August 2015. Overnight, Dow Jones fell over 1,100 points, its biggest fall since six-and-half years after US wage data on Friday pointed to quickening inflation which may lead to higher rates by the US Federal Reserve.
Read More: Nifty – Bank Nifty Pani Pani – Goldman Neal Bhai Reports – Party Time India
Indian markets are already under pressure after the government presented budget that focused on populist measures ahead of general elections in 2019 and imposed a long-term capital gains tax on equities. : – Goldman Neal Bhai Reports