#Sensex crashes 483 points on Chinese rout, Greece worries

STOCK MARKETbenchmark Sensex today tumbled over 483 points, its biggest fall in over a month, to settle below the 28,000-level as rout in Shanghai shares and fears of Greek’s eurozone exit rattled INVESTORS. With investors indulging in widespread selling, including in metal and auto shares, the NSE benchmark Nifty also crashed below 8,400-point mark.

A fresh weakness in the rupee against the US dollar also dampened the trading sentiment, equity brokers said. INVESTOR sentiment was badly hit following a major sell-off in other Asian markets with a nearly 6 per cent crash
in Shanghai despite additional measures announced by the government to shore up the tumbling market, they added.