sensex today live: Sensex crashes over 2,100 points; Nifty below 7,900

NEW DELHI: Equity indices continued to plunge on Thursday amid the coronavirus-led global sell off. The benchmark BSE sensex tanked 2,120 points or 7.34 per cent to 26,750; while the broader NSE Nifty moved 575 points or 6.79 per cent lower to 7,894.
Major laggards in the BSE pack include HCL Tech, Bajaj Finance, IndusInd Bank, Kotak Mahindra Bank, M&M, and Maruti with their stocks falling as much as 12.47 per cent.
On NSE, all the sub-indices were trading in red with Nifty Private Bank and Financial Service down as much as 8.4 per cent.
The 30-share BSE index had closed 1,710 points or 5.59 per cent lower at 28,870 on Wednesday. Sensex had closed below the 29,000-mark for the first time since January 2017.
On similar lines, the broader Nifty had plummeted 498 points, or 5.56 per cent, to finish at 8,468.80.
“We’re in this phase where investors are just looking to liquidate their positions,” Prashant Newnaha, senior interest rate strategist at TD Securities in Singapore, told news agency Reuters.
The deadly coronavirus has infected over 2,00,000 people and caused nearly 8,500 deaths in 164 nations, triggering emergency lockdowns and injections of cash.
In India more than 150 people have been infected and three have died.
(With agency inputs)

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