Home Banking Market drops! Sensex down over 1900 points

Market drops! Sensex down over 1900 points

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(G.N.S) Dt. 16
Mumbai

The benchmark BSE sensex drops down over 1,900 points or 6.0 per cent to 32,146 in afternoon deals; while the broader NSE Nifty moved 507 points or 5.10 per cent lower to 9,448.
On the global front, stocks and the US dollar were roiled after the Federal Reserve slashed interest rates in an emergency move and its major peers offered cheap dollars to break a logjam in global lending markets.

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