Sensex plunges 211 points to 7-month low; Nifty ends below 5,500
Erasing initial gains, the 30-stock index fell for the 5th straight session by losing 211.30 points, or 1.15% to 18,226.48, its lowest level since Sept 13, 2012.
Wipro slumps 12%; m-cap down by Rs 11,882 crore
Led by the steep decline in the share price, the market capitalisation of Wipro slipped by Rs 11,882 crore to Rs 98,551 crore.
FIIs' focus to Japan root cause of Indian market decline: Religare
This year the other darling of global markets has been Japan.The Indian market could easily go down another 10% from where we are now.
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