Closely monitoring financial markets with Sebi: RBI on plunge
Reacting to the four-day market plunge that wiped off â¹5.6 lakh crore of investors' wealth, the RBI on Sunday said it is "closely monitoring" the financial markets along with Sebi. "We are ready to take appropriate actions, if necessary," the RBI added. The Sensex tanked nearly 1,500 points during intra-day trade and closed at 36,841.60, down 279.62 points on Friday.