Sensex tanks 931 points, loses all gains made in 3 months

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India Business News: MUMBAI: The sensex plunged 931 points, its biggest single-day drop in three weeks, on Tuesday, driven by disappointing corporate earnings and sustaine.

Investors' wealth declined by about Rs 9.2 lakh crore as the sensex lost 1,002 points intraday.

Hyundai Motor India's IPO - which raised Rs 27,870 crore - was the largest in Indian history, surpassing LIC's Rs 21,000 crore IPO.

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Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaCanadaChina

Topics: Corporate earnings Foreign portfolio investors Nifty Indian markets Business news Hyundai Motor India Sensex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 08:44:18 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Times of India

News ID: 23211553

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