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  • Mon. Jul 8th, 2024

Market chaos: Sensex, Nifty log steepest ever one-day fall on economic crisis fears

Market chaos: Sensex, Nifty log steepest ever one-day fall on economic crisis fears

The Indian standard Sensex saw on Monday its greatest single day fall in absolute terms amidst a global sell off in equities on the back of rising concerns over the economic effect of the COVID-19 break out and a plunge in unrefined costs that even more fuelled worries about a worldwide downturn.

The benchmark Sensex lost a whopping 1,94167 points or 5.27%to close at 35,63495– a 52- week low for the barometer– with all its 30 constituents ending the day with huge losses.

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