The Nifty plunged 8.3% to 9,595.15, its lowest close in 2-1/2 years, while the Sensex also slid about 8% to a near two-year low of 32,788.14
The rupee was weaker by 0.6% at 74.22/23 against the dollar, while the benchmark 10-year bond yield ticked up to 6.21%.
Global stocks too fell into a bear market and oil slumped after U.S. President Donald Trump stunned markets with a travel ban from Europe to stem the virus.
The Indian stock markets plunged into bear territory on Thursday after the corona-virus outbreak was described a pandemic and the United States suspended travel from Europe, fanning fears of further disruption to the global economy.
The last time Indian stock indexes dropped as much was at the height of the global financial crisis in 2008.
コメント