BSE Sensex falls 340 pts as rupee hits new low

BSE Sensex falls 340 pts as rupee hits new low

Led by losses in metal, oil&gas, FMCG and heathcare stocks, Sensex plunged by 340.13, or 1.85 per cent, to 17,905.91 - a level last seen on September 11, 2012.

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BT Online Bureau
  • Aug 21, 2013,
  • Updated Aug 21, 2013 5:33 PM IST
The BSE Sensex wiped off its initial gains and dipped below 18,000-level after a gap of nearly one year and closed with a 340-point loss, in step with the rupee hitting a new low amid rising fears that US Fed will rollback its economic stimulus soon.

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Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
The BSE Sensex wiped off its initial gains and dipped below 18,000-level after a gap of nearly one year and closed with a 340-point loss, in step with the rupee hitting a new low amid rising fears that US Fed will rollback its economic stimulus soon.

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Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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