Sensex on way to biggest single-day fall in 16 months

Hi Everyone


I have an update to share on MARKET front 

Reuters Market Eye - The BSE Sensex falls 2.5 percent, while the broader Nifty is 2.6 percent lower, heading towards their biggest single-day percentage fall since February 27, 2012.

Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S. Federal Reserve explicitly signalled an end to easy money and data showed China's economy slowing. The rupee slumped to a record low on Thursday.

ICICI Bank Ltd , with 37.94 percent FII holding, falls 4 percent, while HDFC Bank , where FIIs hold 34.07 percent of total shares, is down 3.9 percent.