Markets react nervously to fresh strikes - down 52 points - Views on News from Equitymaster

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  • Jun 2, 1999 - Markets react nervously to fresh strikes - down 52 points

Markets react nervously to fresh strikes - down 52 points

Jun 2, 1999

Reports of fresh air strikes by Indian forces in the Kargil-Dras sectors was responsible for a 52-point fall at the Sensex and a 10 p slide of the rupee. During the day, the Sensex plunged by 106 points, after having come within striking distance of 4,000 points earlier in the day.

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