Black Monday Come from march months In The Sensex logs worst crash ever, dives 3,935 points to close at .

Black Monday Come from march months In The Sensex logs worst crash ever, dives 3,935 points to close at .

 

Supported colossal - anytime fall with the benchmark bsf  Sensex falling over 3,900 marks as a coronavirus -led lockdowns across the world started fears of a recession. Covid-19 has affected more than 3,28,00 people and declare over 14,300 lives across the globe. cases in India to 415, according to the health ministry Sensex crunch 3,935 points or 13.15% to stop at 25,981 while the broader NFS Nifty plummet 1,135 points or 12.98 % to stop at 7,610. The 30 - share BSF index logged its lowest fall in completed terms compared to the earlier 2,919- point jump on March 12.

 

Monday Morning Updates of Share

 

In morning deals, a steep plunge of 10 % decreased circuit in the 30 share BSE pack culminate in a trading halt for 45 minutes.As an automatic mechanism between free fall in the stock market, when an exchange dives 10 % before 1 pm, trading is halted for 45 minutes.

 

After resuming trade, both the BSF and NSE indexes continued to drop further.

Large laggards in the BSE pack include Indusind bank, bajaj finance, ICICI Bank, Maruti and Tech mahindra with their stocks glide as much as 27.63%.On NSE, sub-indices Nifty bank, private bank and financial service drop as much as 17.37%. impartiality market witnessed a comfort rally on Friday after 4 days of fall and ended 1628 points or 5.75 % biggest at 29,916.

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