Market extends fall as trading resumes, Sensex sinks 3,186 points
Mumbai: Domestic stock trading on Monday resumed after a 45-minute halt, with equity benchmark Sensex plummeting further to 3,186 points and the broader Nifty sinking below 7,900 level.
Stock exchanges paused trading for 45 minutes after Sensex plunged 10 per cent, hitting its lower circuit limit, within the first hour of opening of the session.
As an automatic mechanism to curb freefall in the market, trading is halted in the market for 45 minutes when an exchange plunges 10 per cent before 1 pm.
Continuing its downward spiral, domestic BSE Sensex was trading 3,185.84 points, down 10.65 per cent at 26,730.12. It hit an intra-day low of 26,645.83.
Similarly, the NSE Nifty cracked 923.95 points, or 10.56 per cent, to 7,821.50 after resumption of trade.
Axis Bank was the top loser on Sensex, cracking up to 21 per cent, followed by IndusInd Bank, ICICI Bank, Bajaj Finance, UltraTech Cement and Kotak Bank.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Ranchi: Temple guard bludgeoned to death during robbery attempt, 3 held
Ranchi (PTI): A 60-year-old security guard of a temple in Ranchi was bludgeoned to death with a stone during a robbery attempt, police said on Saturday.
The incident happened late on Thursday at the Jagannath Temple in the Dhurwa Smart City area, they said.
"Three persons were arrested on Friday for killing the security guard. They confessed to the crime and told police that the victim had identified them. Therefore, in fear of being caught, they killed him by attacking him with a stone on his head," SSP Rakesh Ranjan said.
"Thereafter, they took money from the donation box and fled the scene. Two of them have criminal antecedents," he added.
Ranjan said the investigators recovered Rs 3 lakh in cash that had been robbed, the stone with blood-stained marks, and the iron rod used to break open the lock of the donation box kept there.
An FIR in this regard was lodged at the Dhurwa police station, he said, adding that the accused were sent to judicial custody by a court.
