Sensex crashes below 8,000
The Bombay Stock Exchange benchmark Sensex cracked a new low in three years when it crashed below 8,000 points to 7,985.43, as funds remained aggressive sellers.
The BSE Sensex plummeted more than 300 points, falling below the psychological 16,000 edge on Wednesday, for the first time in four months as global markets receded and the rupee breached 54.30 to the dollar to hit new life low.