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Relentless worries of the COVID-19 outbreak badly affecting worldwide economy likewise weighed on the investor beliefs.
The Indian equity indices slumped on Friday morning, with the BSE Sensex tipping over 1,450 points
The slump throughout the sectoral indices was led by the finance and banking stocks as the Reserve Bank of India on Thursday superseded the board of directors of Yes Bank and positioned it under moratorium
Consistent worries of the COVID-19 outbreak badly impacting international economy likewise weighed on the investor beliefs, analysts said.