May 11, 2026 10:44 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Suvendu Adhikari Cabinet clears BSF land transfer, census rollout, Ayushman Bharat in Bengal | Mamata govt's welfare schemes to continue: Bengal CM Suvendu Adhikari after first cabinet meeting | ‘One of life’s most emotional moments’: PM Modi performs grand Mahapuja at Somnath Temple | UPI trail cracks Suvendu Adhikari aide Chandranath Rath murder case; three arrested | Totally unacceptable: Trump rejects Iran’s peace plan in explosive showdown | Big defence boost: India successfully tests advanced Agni MIRV missile | India, Singapore unite for tough action against terror and transnational crime | TVK crosses majority mark with VCK, IUML support | I bow before Bengal: PM Modi’s powerful gesture at Suvendu Adhikari’s oath goes viral | Bengal turns a new page: Suvendu Adhikari takes oath as CM amid massive NDA show of strength

Currency ban: Sensex tumbles 1000 points

| | Nov 09, 2016, at 05:51 pm
Mumbai, Nov 9 (IBNS): Prime Minister Narendra Modi's unexpected decision to ban 500 and 1000 Indian Rupee notes saw the Sensex nosedive 1000 points on Wednesday, reports said.

The Sensex also recorded an all time low on daily percentage loss since August 2015.

Experts have also said that the cause was aided by Donald Trump's lead in the US Presidential Polls.

In his 40-minute speech on Tuesday evening, PM Modi justified his decision as a move to curb black money.

 

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm