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Sensex, Nifty fall for fifth day as pandemic fears unnerve investors
- By Reuters |
- bigstories
BENGALURU - Indian shares fell for a fifth straight session on Thursday as investors shunned riskier assets on fears that the coronavirus outbreak is fast developing into a pandemic. The Nifty fell 0.5% to 11,622 by 0400 GMT and the Sensex declined 0.34% to 39,753. Both the indexes have shed more than 3.5% so far this week. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.5%. Most new virus cases are now being reported outside China - the origin of the outbreak - with South Korea, Italy and Iran...
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