The free fall of the Sensex is continuing. Weak global equities caused by fears of a deep global recession pulled the domestic bourses lower for the sixth day in a row. The BSE Sensex lost 163 points, or 1.83%, to 8,773.78, shedding 462.49 points from an intraday high struck in early afternoon trade. “Weak global markets raised fears of more foreign fund sales offsetting hopes more measures from the government and the Reserve Bank of India (RBI) may revive the domestic economy,” said a dealer. In fact, fears of a global recession, slowdown in the domestic economy and selling by foreign funds have pulled the Sensex down 1,763 points or 16.72% in the last six trading sessions.
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