Sensex crashes 1,150 Points, Rupee Breaches 66.50; BSE SME tumbles 0.06% down
Updated: Aug 24, 2015 11:47:40am
The rupee also came under pressure; it slumped 1 per cent to hit a fresh two-year low of 66.50 per dollar.
Out of 106 companies listed with the bourse, 21 firms traded actively. In early trade today, there were 13 losers, 3 gainers and 5 companies that traded flat.
The market capitalization of BSE SME was Rs 7,744.26 crore.
Meanwhile, the Sensex crashed over 1,150 points to 26,212, while the 50-share Nifty slipped below the crucial 8,000 levels for the first time in two months. All 50 shares in the Nifty traded in the red, while on the broader BSE 500 index, just five stocks traded higher.
The rupee has weakened from 64 per dollar to nearly 66.50, a fall of nearly 4 per cent since August 11 when China announced the devaluation of its yuan currency. (KNN Bureau)