Sensex tanks over 1000 points, plunges below 59K first time in nearly 2 months; Paytm down 17%

Sensex tanks over 1000 points, plunges below 59K first time in nearly 2 months; Paytm down 17% thumbnail

Amid weak global cues on Monday, benchmark indices continued their downward journey as traders stayed away from taking bullish bets amid rising inflation and risk of an immediate correction. Sensex and Nifty were down deep in the red as bears ran free on Dalal Street. Sensex tanked more than 1100 points to 58,465, below 59K first time in nearly 2 months.

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