Marketplace huge crash: Sensex lost 400 points, the 20-month lows

Overseas stock markets fall due to a decline in the domestic stock market is deep. Nifty After 20 months of 7300 has slipped down. The BSE 30-share Sensex index fell 410 points, has arrived at the level of 24 070. NSE Nifty June 2, 2014, after the benchmark index broke the 7300 level. The index has reached close to break even 24,000.




On the domestic market new 52-week lows

Sensex and Nifty have arrived at a new 52-week lows. The index touched a low of 24056.93 is new. The new Nifty touched a low of 7306.80 is. Bank Nifty is trading at a 52-week low.

Why the decline in the market

The IMF estimated global growth of 3.6 percent for 2016 have been reduced from 3.4 per cent. Crude impact is on the move as well as equity markets. The sharp sell-off in crude is again. Nymex crude at $ 28 a barrel has come down. This is a sharp decline in energy stocks.