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Sensex tumbles nearly 300 points on Wipro issue

The Bombay Stock Exchange benchmark Sensex on Monday tumbled nearly 300 points, the third time in a row, on aggressive selling by funds, weak opening in European stock markets, and the World Bank debarring more software companies, including Wipro, till 2011.

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The Bombay Stock Exchange benchmark Sensex on Monday tumbled nearly 300 points, the third time in a row, on aggressive selling by funds, weak opening in European stock markets, and the World Bank debarring more software companies, including Wipro, till 2011.


The Sensex, which had been falling in the last two trading sessions after the Satyam Computer fraud came to light, fell further by 296.42 points at 9,110.05. It touched the day's low of 9,024.45 and a high of 9,331.13 points.

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