Economy
Sensex Crashes 500 Points Ahead of RBI Monetary Policy Outcome
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THE BRIEF
1
Stock market benchmarks suffered significant losses in morning trade on Wednesday, 7 October, ahead of the Reserve Bank of India monetary policy outcome.
2
The Sensex crashed nearly 500 points, or 0.65percent, to an intraday low of 72,591 during the session.
3
The National Stock Exchange counterpart Nifty 50 crashed nearly 0.80percent to reach 22,600 during the session.