The Indian stock markets which witnessed sluggish trading sessions over the entire week came down crashing after North Korea threatened to test a nuclear weapon in the Pacific.
The 30-share BSE Sensex tanked 447.60 points to close on 31,922.44, while the broader 50-share NSE Nifty cracked 157.50 points to finish on 9,964.40. Both the indices lost almost 1.50 percent during the day. Thus, both the major indices crashed below the psychological marks of 32,000 and 10,000 respectively.
Thus, both the major indices crashed below the psychological marks of 32,000 and 10,000 respectively. The markets had opened on a flat note before extending the losses to 200 points within 15 minutes of trading.
The negative sentiment among investors failed to arrest as the stock markets saw yet another spell of volatility - something that has been a regular feature in the last few months.