PM’s game-changing declaration affects markets; Nifty and Sensex down
- 5 years ago
Prime Minister Narendra Modi’s ‘surgical strike’ on black money has led to a temporary crash at the stock market. The markets opened all red on Wednesday morning.
At the National Stock Exchange (NSE) the Nifty was down by 5.72%, whereas the Sensex was down by 3.71%.
The Sensex has been estimated to be down over by a 1000 points and the Nifty by 350 points.
Modi, on Tuesday, announced the demonetisation of Rs 500 and Rs 1000 notes. New notes will come into system after two days.
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At the National Stock Exchange (NSE) the Nifty was down by 5.72%, whereas the Sensex was down by 3.71%.
The Sensex has been estimated to be down over by a 1000 points and the Nifty by 350 points.
Modi, on Tuesday, announced the demonetisation of Rs 500 and Rs 1000 notes. New notes will come into system after two days.
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http://www.inkhabar.com/