Ridham Desai's Outlook On The Economy, Stock Market & China Factor | Sam...

Closing Bell: Sensex tanks 940 pts, Nifty ends below 24,000; Hero Moto, Bajaj Auto, Grasim worst hit

Indian benchmark indices witnessed a strong selloff at the start of a market-moving event packed week. All indices, barring Nifty IT ended with sharp cuts. Among those, energy, infra, metal and realty were the worst hit, taking an over 2 percent plunge. The 'fear-guage' India VIX also surged 5 percent to levels close to 17.