Bumper mobile sales this festive season; Markets continue to tumble for 5th straight day

It's been a record festive season for mobile manufacturers. First week sales beat all records while analysts expect it to be even higher with discounts and offers ahead of Dhanteras and Diwali.

And markets continue to tumble for a fifth straight day. Benchmark Sensex tanked 522.82 points or 0.81 per cent to settle at 64,049.06 while the Nifty declined by 159.60 points to 19,122.15. In the five sessions, the index lost around 690 points while investors have lost nearly Rs 15 lakh crore.