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Biggest Single Day Fall for Indian Indices; Sensex Crashes Over 5%, Nifty Down Over 530 Points
Mon, 9 Mar 02:30 pm

Share markets in India are trading deep in the red currently. The indices corrected further to witness the biggest single day fall ever amid global rout.

Global stock markets were witnessing selling pressure on rising concerns over the spreading coronavirus.

The BSE Sensex is trading down by 1,991 points, down 5.2%, while the NSE Nifty is trading down by 532 points, down by 4.8%.

Shares of ONGC and Reliance Industries fell in the range of 11-16%, while IndusInd Bank, Tata Steel, and ICICI Bank fell over 6%.

All sectoral indices are trading in red with stocks in the metal sector, energy sector, and IT sector witnessing most of the selling pressure.

More details to follow in the upcoming commentary.

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