After the revised credit rating given by Standard's and Poor's to the US, the key benchmark indices across Asian markets fell sharply. South Korea, Singapore, Indonesia, Hong Kong, Taiwan, China and Japan indexes were down by between 1.31% to 3.99%. Moreover, the BSE Sensex was also down to a14-month low of less than 17,000 (16,844.79 to be precise). All the components of the 30-share Sensex pack fell, including Tata Motors and DLF, by around 5% each. BSE Index heavyweight Reliance Industries (RIL) dipped 2.73% . The S and P CNX Nifty was down 134.25 points (2.58%) to 5,077. The Sensex lost 512.80 points and touched 16,793.07 in early trade, its lowest level since 10 June 2010... Read More>>>
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