April 05, 2026 06:15 am (IST)

Make this your homepage

All Finance

‘Not denied a ticket’: Annamalai explains absence from BJP’s Tamil Nadu candidate list | ‘Ghar-wapsi soon’: PoK wants to return to India, claims Imam organisation chief | Kerala polls shocker: Tharoor’s convoy stopped, security guard attacked mid-campaign | AAP drops Raghav Chadha from key parliamentary role, sparks buzz over internal rift | Amit Shah to camp in West Bengal for 15 days during Assembly polls; predicts Mamata’s defeat in state and Bhabanipur | 'BJP plotting President’s Rule, don’t fall in the trap': Mamata Banerjee on Malda unrest, urges peace | 'Most polarised state': CJI Kant raps Bengal govt over 9-hour hostage of judicial officers | Bengal SIR protest: Judge pleads for help amid mob attack after 9-hour hostage ordeal | Bengal SIR progress: 47 lakh of 60 lakh adjudicated cases disposed of, Supreme Court informed | Amit Shah to join Suvendu Adhikari on Bhabanipur nomination day; BJP plans mega roadshow

Currency ban: Sensex tumbles 1000 points

India Blooms News Service | | Nov 09, 2016, at 05:51 pm

Mumbai, Nov 9 (IBNS): Prime Minister Narendra Modi's unexpected decision to ban 500 and 1000 Indian Rupee notes saw the Sensex nosedive 1000 points on Wednesday, reports said.

The Sensex also recorded an all time low on daily percentage loss since August 2015.

Experts have also said that the cause was aided by Donald Trump's lead in the US Presidential Polls.

In his 40-minute speech on Tuesday evening, PM Modi justified his decision as a move to curb black money.

#Sensex #BlackMoney #Currency ban

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm