Sensex sinks 1000 pts Investor Break be Secure

The market saw biggest ever fall in a single day in 2015, dragged by nervousness across the globe on likely slowdown in Chinese economy. The Sensex crashed 1,045.26 points or 3.82 percent to 26320.81 and the Nifty slipped 322.15 points or 3.88 percent to 7977.80.

GAIL, BHEL, ONGC, Tata Steel, Vedanta and YES Bank topped the selling list on Sensex, down 5-7 percent. 

All sectoral indices continued to be in the red. Bank Nifty plummeted almost 5 percent. 

Rupee hits day's low of 66.49 against dollar, lowest since September 05, 2013. China is cracks 9%, erases all 2015 gains. Nikkei down over 900 points, HangSeng plummets over 1,200 points.