The National Stock Exchange (NSE) Nifty50 index closed on a marginally lower note at 7,610.25 levels down after falling more than 12 per cent. On the other hand, the BSE-SENSEX closed to 25,981.24, 3934.72 points down.
It is reported that investors lost around 14 lakh crore in terms of market capitalization.
Global Market: The major indices of the Wall Street ended on a sharply lower note as an unprecedented move by the US Federal Reserve to shore up credit across the economy proved insufficient to soothe investors’ fears about the Swifty-spreading coronavirus.
Taking cues from the previous trading session and trend on SGX Nifty, it is expected to see a positive opening in today’s trading session.