Sensex tanks 879 points: Factors behind today's market crash

Equity indices tumbled on Thursday tracking weak cues from global markets amid hawkish stance from US Federal Reserve. The 30-share BSE sensex tanked 878.88 points or 1.4% to settle at 61,799.03. During the day, it tumbled 962.3 points or 1.53% to 61,715.61. While, the broader NSE Nifty plummeted 245.40 points or 1.32% to end at 18,414.90.