BusinessSensex Down 2,700 Points, Nifty Below 9,200 As Virus Fear Rattles Markets
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Sensex Down 2,700 Points, Nifty Below 9,200 As Virus Fear Rattles Markets
Sensex, Nifty plunge amid global selloff, virus scare among investors
Surprise rate cut by US central bank fails to allay investor concerns
HDFC, HDFC Bank, ICICI Bank heaviest laggards in Sensex
A selloff across sectors hurt the markets, with financial stocks being the worst hit
At 3:01 pm, the Sensex traded 2,683.50 points - or 7.85 per cent - lower at 31,427.18, while the Nifty was down 748 points - or 7.50 per cent - at 9,202.20.
All stocks but one in the Nifty basket of 50 shares moved lower at the time. Top percentage laggards were IndusInd Bank, JSW Steel, Adani Ports, Axis Bank, ICICI Bank, Zee Entertainment and Vedanta, trading between 9.82 per cent and 17.72 per cent lower.
HDFC, HDFC, Tata Stee...