Sensex crashes over 1,900 points on opening, Nifty below 9,500
Indian benchmark indices Sensex and Nifty extended their opening loses on Monday with the former losing 1950 points or 5.72% and the latter shedding 440 points or 4.43%.
About 190 shares have advanced, 730 shares declined, and 62 shares are unchanged.
Among the major gainers were Yes Bank, whose share price gained as much as 39% after the government notified a rescue plan for the crisis-hit lender.
On the other hand, HDFC, ICICI Bank, SBI, Sun Pharma, JSPL, Max Financial and DLF were the prominent losers.
At 10:30 AM, Sensex was trading at 32,438.51 points while the broader Nifty was at 9507.45 points.
The crash wiped out over Rs 6 lakh crore of investors' money within the first 15 minutes of trading.
The Indian rupee opened lower by 15 paise at 74.06 per US dollar on Monday.