Steepest fall in Sensex, crashes over 1,625 points
24-August-2015

Global markets sell-off sparked by a major crash in Chinese stocks drowned Indian equity markets with a barometer index plunging 1,625 points or around 6 percent on Monday.
The global bearish sentiment led the barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) to its steepest dive.
![]() |
A view of the Bombay Stock Exchange (Photo: Sandeep Mahankal/IANS)
|
The S&P BSE Sensex which opened at 26,730.40 points, closed at 25,741.56 points, down 1,624.51 points or 5.94 percent from its previous close of 27,366.07 points.
The benchmark index touched a high of 26,730.40 points and a low of 25,624.72 points during the intra-day trade.
The wider, 50-scrip Nifty of the National Stock Exchange followed a similar trend and closed 491 points or 5.92 percent down at 7,809 points.
Analysts cited weak global cues eminating from a continuous slide in the Chinese markets, along with concerns over the Indian government's stand on minimum alternate tax (MAT) as reasons for the sharp fall on Monday. - IANS
Kerala Minister Saji Cherian Stops for Idlis and Tea at Roadside Shop in Thiruvananthapuram
Larry Ellison Overtakes Elon Musk as World’s Richest Person After Oracle Stock Surge
Trump's aide Charlie Kirk Shot Dead at University Event In Utah
Nepal Shuts Pashupatinath Temple as Violent Youth Protests Escalate
Gen Z Protests Push Nepal to Restore Social Media Access After Youth-Led Unrest