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Sensex tumbles 876 points; Nifty drops below 22,900 dragged by private banks

Deccan Herald
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Sensex tumbles 876 points; Nifty drops below 22,900 dragged by private banks
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Mumbai: Benchmark equity indices ended sharply lower on Monday after two days of a rally, with the Sensex tumbling 876.37 points and the Nifty dropping to 22,888.95, following a decline in private bank stocks, mainly HDFC Bank and Axis Bank, and weak global trends.The 30-share BSE Sensex tumbled 876.37 points, or 1.17 per cent, to settle at 73,852.90. During the day, it crashed 1,020.73 points, or 1.36 per cent, to 73,708.54.The 50-share NSE Nifty dropped 257.20 points, or 1.11 per cent, to end

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