BJP's defeat in Bihar polls hits market as Sensex tanks
Current Time 0:00
/
Duration Time 0:00
Progress: NaN%
BJP's defeat in Bihar polls hits market as Sensex tanks
Last Updated : Nov 09 2015 | 12:34 PM IST
New Delhi, Nov 09 (ANI): Reactions poured in after the stock market opened in deep red on Monday as the Sensex plunged over 600 points and Nifty was at 7805 points.According to the market experts, Bharatiya Janata Party's thumping loss in Bihar Assembly elections was the reason of fall in the stock market. The rupee breached the 66-mark and plunged by 74 paise at 66.50 against the US dollar in opening trade. Yesterday, the Nitish Kumar-led Grand Alliance won 178 seats, while the BJP camp got only 58.