Sensex crashes nearly 517 points on inflation data
Indian equity markets closed deep in the red Friday following the 11.05 percent inflation rate announced by the government.
The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened at 15,168.05 points and touched a low of 14,519.27 before closing at 14,571.29. It went down by 516.70 points or 3.42 percent compared to its closing figure Thursday.
The S&P CNX Nifty index of the National Stock Exchange, which opened at 4,504.20 points, closed at 4,347.55. It went down by 156.70 points or 3.48 per cent from its previous close.