Sensex tanks over 6,000 points from peak of nearly 86,000 a month ago

On Friday, the Sensex and Nifty fell nearly 1% each due to poor quarterly earnings and substantial foreign fund selling, with the Sensex dropping 663 points to 79,402. BSE’s market capitalization fell by over Rs 7 lakh crore. Foreign portfolio investors recorded a net outflow of nearly Rs 90,000 crore in October, while domestic funds provided some support.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tf34AYy