Sensex falls 320 points on fear of Mauritius tax treaty rejig

Lack of clarity on the applicability of a new tax rule for foreign investors, weak economic data from US and Europe, and depreciation of the rupee against the dollar together pulled the sensex below 17,000 as it lost 320 points to close at 16,831, a three-month closing low. The day's fall was also the biggest fall for the sensex in more than two months. 

Read Full Story>>