Biggest
Sensex Crash Since 2009 Wipes Out 7 Lakh Crore of Investors' Wealth
The BSE Sensex slumped 1,625 points or nearly 6 per cent on 24th
August - marking its biggest percentage fall since 2009. In terms of absolute
value, it was the third worst day for Sensex. The rupee sank to a fresh
two-year low of 66.74 per dollar. The selloff in markets was triggered by a
global meltdown in risk assets.
Yuan
devaluation, China slowdown a worry:...
