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HomeEconomy and FinanceSensex plunges during initial trading, trading halted in Nifty for 45 minutes after it...

Sensex plunges during initial trading, trading halted in Nifty for 45 minutes after it hits lower circuit limit

The market trading has been halted for the first time since May 2008. Trading will resume at 10:20 AM.

The Sensex has plunged to 3090.62 points and is currently under 30,000 points at 29,687.52. The Nifty has also tanked by 966.10 points to 8,624.05 points. The trading has been halted for 45 minutes at Nifty as the market fell by 10% in the initial trade and hit the lower circuit limit.

The market trading has been halted for the first time since May 2008. Trading will resume at 10:20 AM.

Update: The Sensex gained 242.2 points, currently at 33,020.34.

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Staff reporter at OpIndia

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