Sensex loses Modi momentum as global woes drag index to 2014 levels | Reuters - Firstpost
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Sensex loses Modi momentum as global woes drag index to 2014 levels | Reuters

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MUMBAI India's stock markets ended at a fresh 20-month low on Wednesday, dropping to their weakest since before the election of Prime Minister Narendra Modi on increasing concerns the country will be hit hard by the growing turmoil in global markets.

The broader Nifty ended 1.69 percent lower, its lowest close since May 30, 2014.

The benchmark Sensex ended down 1.71 percent, its lowest close since May 15, 2014.

Both indexes fell as much as 2.6 percent each earlier in the session.

(Reporting by Karen Rebelo and Neha Dasgupta in Mumbai; Editing by Biju Dwarakanath)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Jan 20, 2016 16:18 IST

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