Stock Markets plunge Below 20,000 After Staying There For Almost A Week

Stock Markets had a nice run and stayed above 20K for more than a week before it plunged more than 700 points in a single day trade.

The stock markets opened on a weak note today along with other global stock markets proceeded to trade weak all day long and finally ended in deep red despite heavy profit booking in last hour of trading session. Huge amount of selling was seen in the metal, realty, power and oil & gas.

Banking, auto and cap good stocks were also not able to stay up however pharma and FMCG stocks were least effected by the free fall of stocks across the board in first half but slipped in second half of the session.