India out of 1 trillion-dollar market capital club

Fears of further economic slowdown and policy paralysis at the Centre prompted foreign funds to sell aggressively on Tuesday, leading to a 204 points fall in the sensex to a 28-month closing low of 15,175. Selling by FIIs also had its impact on the rupee, which again dipped below the 53 level against the US dollar in intra-day trade but settled at Monday's level of 52.89.

Read Full Story>>