Dalal Street Bloodbath: Sensex tanks 1700 Points

Investors lost around seven lakh crore in a single day today when the Bombay Stock Exchange and National Stock Exchange crashed like never seen before. BSE Sensex crashed 1700 points and NSE Nifty shed 490 points on Monday leaving investors in huge loss to the tune of seven lakh crore. Both the markets fell heavily due to the weak global cues and governments stand on MTA. In January 2, 2008, the Sensex was fell by around 2000 points. Nifty closed at 7,809 points. The stock markets in China lost more than 8 percent.