20.12.11

Sensex hits a 28 month low !



Fears over a slowing economy led Dalal Street investors to dump shares at the start of the week, resulting in a 112-point slide in the sensex to 15,379 on Monday —its lowest close in about 28 months. As foreign funds led the day’s selling, capital goods, banking and real estate stocks led the slide and investors were left poorer by about Rs 60,000 crore with the BSE’s market capitalization now at Rs 52.4 lakh crore, also a 27-month low.

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