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Sensex crashes 894 points; Nifty ends below 11,000; Yes Bank dives 56%

Byindianadmin

Mar 6, 2020 #dives, #Nifty
Sensex crashes 894 points; Nifty ends below 11,000; Yes Bank dives 56%

NEW DELHI: Equity indices crashed on Friday amid steep slide in banking shares and rising fears of economic slowdown as the deadly coronavirus continued to spread. The benchmark BSE sensex cracked 894 points or 2.32 per cent to close at 37,577; while the broader NSE Nifty finished 280 points or 2.48 per cent lower at 10,989.

Major laggards in the BSE pack include Tata Steel, SBI, IndusInd Bank, ONGC, HDFC and ICICI Bank with their stocks sliding as much as 6.47 per cent. 27 out of 30 stocks finished in red.

Also, Yes Bank shares plung

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