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1942, A horror story: Sensex suffers worst 1-day loss ever

Byindianadmin

Mar 10, 2020 #suffers, #worst
1942, A horror story: Sensex suffers worst 1-day loss ever

A stockbroker reacts as he watches the Bombay Stock Exchange (BSE) index on a trading terminal (AP)

MUMBAI: A traumatic day for global stockmarkets turned into the worst-ever for the 30-scrip Bombay Stock Exchange sensex, which recorded its biggest single-day fall in terms of points, tumbling 1,942 points or 5.2% to 35,635. Already anxious about the coronavirus impact and sliding oil prices, Dalal Street caved in under fears of financial instability in India due to the crisis at Yes Bank, the country’s fourth largest private sector lender.

Reliance Industries closed an unprecedented 12% lower, resulting in i

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