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Sensex, Nifty tumble; investors lose Rs 7 lakh crore on Monday

News Agencies

Mumbai, Sept 26: Investors were poorer by Rs 7 lakh crore on Monday as Sensex and Nifty saw a selling spree with Sensex trading around 57,300 and Nifty around 17,000 mark.

Rupee went below 81.50 against the dollar on Monday.

Metal, Auto, Bank and Realty drag the most with all indices but IT in the red. Powergrid and Hindalco shed 6% each.

Street closed lower on Friday and the trend continued on Monday morning with Asian markets opening lower. Traders will keep an eye on a number of economic reports this week including US initial jobless claims and GDP data along with PMI figures from China.

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