Sensex, Nifty Post The biggest one-day drop since May on global distress


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Indian stock markets recorded their biggest one-day decline since May after global sales of risky assets, spurred by increased yields on U.S. bonds, disrupted sentiment. Sensex ended 3.8% lower on Friday, at 49,099. The 30-share index fell more than 2,000 points during the day and ended up losing 1,939 points. The Nifty 50 also lost more than 550 points, finishing the day 3.8% lower at 14,529. This is also the second consecutive week …


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