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Sensex crashes by over 1,100 points as virus fears threaten global growth
['Dn Bureau', 'Post Published']
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Sensex crashes by over 1,100 points as virus fears threaten global growthEquity indices crumbled during early hours on Friday as global share prices headed for the worst week since the world financial crisis in 2008 and investors readied for the coronavirus to become a pandemic.
Mumbai: Equity indices crumbled during early hours on Friday as global share prices headed for the worst week since the world financial crisis in 2008 and investors readied for the coronavirus to become a pandemic.
At 10 am, the BSE S&P Sensex was down by 1,140 points or 2.87 per cent to 38,605 while the Nifty 50 dipped by 353 points or 3.03 per cent at 11,280.
South Korean shares dropped by 2.1 per cent as new infections reported around the world now surpass those in China.
The S&P 500 slid by 4.4 per cent the Nasdaq Composite dropped by 4.6 per cent.
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