Red all over! Sensex crashes by over 300 points

The BSE Mid-cap Index and BSE Small-cap Index is trading down 2%.

At 9:21 AM, the S&P BSE Sensex is trading at 24,448 down 365 points, while NSE Nifty is trading at 7,454 down 107 points.

The BSE Mid-cap Index and BSE Small-cap Index is trading down 2%.

Rupee weakened to 67/$ for first time Since December 15, 2015.

On Wednesday, the rupee ended at 66.85/$, marginally up by 1 paise from its previous close of 66.86/$ on Monday.

Shanghai Composite is down nearly 2%. Japan’s Nikkei has fallen over 3% while Hong Kong’s Hang Seng shed around 2%. US stock indices tumbled on Wednesday with the S&P 500 and the Dow Jones Industrial Average hitting their lowest levels since Sept. 29, 2015. The S&P 500 fell 2.5%. The Dow sank 2.2% and Nasdaq slumped 3.4%, to end at 4,526.06, its lowest point since Aug. 25, 2015.

Finance Minister Arun Jaitley reportedly said that World Economic situation is challenging. India showing signs of revival & growing at around 7.5%, Jaitley said.

BSE to remove AB Nuvo & add Cadila Health from  S&P BSE 100 Index. Report says that BSE will add Chola Investment in S&P BSE 200 Index.  BSE will also add Adani Transmission in S&P BSE 500 Index.BSE Index Changes will be effective from January 20