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Sensex down 221 points on interest rate hike fears
in Current Affairs & Latest News
The BSE benchmark Sensex opened 221 points down on Monday, as funds and retail investors continued selling on fears of another hike in key interest rates by the RBI to reign in inflation.

The 30-share index of the Bombay Stock Exchange that tumbled 868 points in the previous four sessions, slid by another 221.58 points on Monday to 19,470.23 level at the opening trade, with all the sectoral indices trading in red.

In a similar fashion, the broad-based National Stock Exchange index Nifty fell by 71.70 points to 5,832.90 points.
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