Podknife - 2966: Taking Stock: Rs 3 lakh crore in m-cap gone as Sensex drops 1,000 pts by Moneycontrol Podcast

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2966: Taking Stock: Rs 3 lakh crore in m-cap gone as Sensex drops 1,000 pts

Podcast |: Moneycontrol Podcast
Publisher |: moneycontrol
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business
Publication Date |: Oct 15, 2020
Episode Duration |: 00:03:50

Indian market snapped a ten-day winning streak on Thursday as bears took control of D-Street and pushed Sensex and Nifty50 below crucial support levels, and wiped out more than Rs 3 lakh crore worth of market capitalisation on the BSE in just one session. The S&P BSE Sensex plunged more than 1000 point and has erased nearly 40 percent of gains seen in the previous ten sessions. The Nifty50 closed below its crucial support placed at 11700.

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