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Sensex: Indian equity market witnesses bloodbath

India

Along with the global stock markets, the Indian equity market also witnessed a bloodbath, on Monday with the BSE Sensex registering its biggest single-day fall in its history as it closed 1,941 points lower. Investors lost around Rs7 trillion during the day due to the rout, analysts said.

The Sensex closed at 35,634.95, lower by 1,941.67 points or 5.17 per cent from the previous close of 37,576.62. The Nifty50 on the National Stock Exchange (NSE) closed at 10,451.45, lower by 538 points or 4.90 per cent from its previous close.