MarketDeal24.Com – The carnage in the capital market across India is not showing any sign of abetting as the country’s two leading stock indices namely Sensex and Nifty extended their loses on Monday, the first working day of the week, with the former crashing as much as 2,522.86 points or 7.19% and the latter shedding 715.70 points or 7.19%.
At 2:20 PM (Indian Standard Time), the BSE Sensex was trading at 31,580.62 while the broader Nifty was at 9239.50.
Meanwhile, the stock prices of troubled Yes Bank gained as much as 39% after the government notified a rescue plan for the lender. On the other hand, HDFC, ICICI Bank, SBI, Sun Pharma, JSPL, Max Financial and DLF were the leading losers of the session.
Today’s crash wiped out over Rs 6 lakh crore of investors’ money within the first 15 minutes of trading.