 "The benchmark indices have declined 7 per cent each in the past six trading sessions.")
The BSE Sensex posted its biggest single-day fall in four months after investor sentiment turned sour on the Federal Reserve’s dire assessment of the US economy and rising Covid-19 infections forcing many countries to re-enforce restrictions.
The Sensex plunged 1,115 points, or 3 per cent, to end at 36,554, its lowest close since July 10 and the biggest drop since May 18.
The Nifty fell 326 points, or 3 per cent, to end the session at 10,805.
US Federal Reserve Vice-Chair Richard Clarida said on Wednesday the US economy remained in a “deep hole” of joblessness and weak demand and called for more
