Sensex down by 222 points in early trade

Mumbai, August 19: The BSE benchmark index Sensex plunged further by 222 points in early trade on Monday, onsustained selling by funds sparked by a rupee hitting to an all-time low.

The 30-share index, which had lost 769.41 points in the previous session, plunged further by 221.94 points, or
1.19 percent, to 18,376.34 with stocks of capital goods, metal and banking leading the fall.

In a similar fashion, the wide-based National Stock Exchange index Nifty fell by 53.65 points, or 0.97 percent,
to 5,454.10.

Brokers said sustained selling by funds as rupee tumbled to all-time low raised fears of slowing economic growth mainly
influenced the sentiment.

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Courtesy:ISTV Imphal


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