COVID-19: Sensex crashes 2,919 points

at 5:36 pm

New Delhi (NVI): A day after WHO termed coronavirus as Pandemic, Indian equity markets went on a free-fall as Sensex slumped 2,919 points and Nifty ended at 9,590 points, suffering their biggest single-day selloff.

Sensex tanked 2,919 points or 8.18 per cent to close 32,778; while NSE Nifty plummetted 868 points or 8.30 to settle at 9,590.

Today’s fall in the markets has further hurt investor sentiment amid coronavirus scare that has taken a toll on the world economy.

The rupee also suffered due to the situation as it plunged 82 paise to 74.35 against US dollar in early trade.

Oil prices also extended losses, with crude benchmark trading at $32.14 per barrel, down 2.5%.