Sensex ends at 1-mth low, hit by losses for 4th day

The benchmark Sensex plummeted 267

points to hit a one-month low of 31,531 and the Nifty crashed

below 9,900 today as investors exited, unnerved by sliding

global shares due to stand-off between the US and North Korea.

Both fell for the fourth straight day.

North Korea upped the ante, defying the US President's

"fire and fury" warning and threatening to strike its military

base in Guam. The markets have already been reeling under the

regulatory clampdown after Sebi's Monday directive imposing

trading restrictions on suspected shell companies.

After opening lower, the Sensex recovered, but only to

slip again to hit a low of 31,422.80 before settling down

266.51 points, or 0.84 per cent, at 31,531.33. The level was

last seen on July 7 when it ended at 31,360.63.

The gauge had lost 527.57 points in the previous three

sessions.

The Nifty after shuttling between 9,776.20 and 9,892.65,

ended the day lower by 87.80 points or 0.89 per cent at

9,820.25.

Lower-than-expected earnings by Tata Motors, Eicher

Motors and a few other companies dampened risk appetite. Tata

Motors emerged as the top loser among Sensex constituents.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)