Spooked by Greece, Sensex tumbles 535 points in opening trade

June 29, 2015 10:52

The benchmark BSE Sensex tanked over 535 points and the NSE Nifty slid below the 8,300 mark in opening trade today on across-the-board selling by participants. A weak trend at other Asian markets was the main trigger for the plunge as investor sentiment was dampened by fears of a possible Greece default. The 30-share gauge, which had lost 84.13 points in the previous session, hurtled down 535.87 points, or 1.92 per cent, to 27,275.97. All the sectoral indices were trading in the negative terrain, led by realty, capital goods and banking, with losses up to 3.16 per cent.

So, what is going wrong in Greece?
Read: Everything you need to know about this unfolding Greek tragedy

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