Saturday, May 15, 2004
Saturday, May 15, 2004 |
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Advts: Classifieds | Employment | Front Page
MUMBAI, MAY 14. Following the Left parties' demand for scrapping the disinvestment policy the BSE Sensex tumbled by 330 points to end at a 25-week low at 5069.87 on across-the-board sell-off by investors. This wiped out a market cap of over Rs.1,00,000 crores. The market also witnessed the biggest intra-day fall in four years as Foreign Institutional Investors battered the PSU and banking stocks in a knee-jerk reaction. The market's intra-day swing of 372.05 points is the fifth largest in BSE history.
PTI
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