Rupee slumps to over two-year low, sensex falls 200 points
The weakness in the global markets has been attributed to the European Central Bank's stimulus package which fell well short of markets' high expectations.
Overnight, Wall Street's benchmark S&P 500 stock index had its biggest one-day percentage decline since Sept. 28, dropping 1.4 per cent. The pan-European stock index of FTSEurofirst 300 shed 3.3 per cent, the biggest fall since August 24.
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