Sensex Crashes Over 2,000 Points After Government Extends COVID-19 Lockdown

The Sensex slumped 5.9 per cent or 2,002 points to close at 31,715 and the Nifty dropped 5.7 per cent or 566 points to settle at 9,293. Prolonged lockdown to contain the spread of COVID-19 is likely to affect the corporate earnings going ahead, which is adding to selling pressure in the equity markets, analysts said. India VIX, the gauge of volatility, surged 28 per cent to 44. Selling pressure was visible across the sectors, wi...