Bloodbath in markets, Sensex falls over 1,000 points

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Benchmark indices Sensex and Nifty tumbled on Monday amid weak global trends and unabated foreign fund outflows.

The 30-share BSE benchmark Sensex tanked 1,048.90 points to settle at 76,330.01 while the NSE Nifty dropped 345.55 points to 23,085.95.

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Meanwhile, rupee crashed 27 paise to hit a new lifetime low of 86.31 against the US dollar, dragged down by a robust American currency amid volatile global cues.

Meanwhile, rupee recorded steepest single-day fall in nearly two years and crashed 57 paise down at record low of 86.61 (provisional) against US dollar.

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