Dalal Street indices tank 1.5% on concerns over Fed moves
Investors are awaiting the US Fed chief Jerome Powell's Jackson Hole speech on Friday that is expected to give markets some hint of what could be in store for September's rate-setting meeting. Sensex dropped 872.28 points or 1.46% to close at 58,773.87. Nifty declined 267.75 points or 1.51% to end at 17,490.70. Both had fallen 1.1% on Friday.