Equity benchmark Sensex plummeted over 3,200 points and the broader Nifty sank near 8,600 level, hitting their lower circuit limits, in opening session on Friday as coronavirus pandemic-led recession fears fuelled worldwide panic.
Continuing its downward spiral, domestic BSE Sensex sank 3,213 points in early trade, plummeting 10.86 percent to 29,564.58, which triggered the lower circuit limit.
HCL Tech was the top loser, tanking up to 15 percent, followed by Tech Mahindra, Kotak Bank, TCS, IndusInd Bank, Axis Bank, and NTPC.
Wall Street lost 10 percent in its worst session since 1987, while London also had its worst day since that year.
More than 130,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people. | To read full story, visit https://startuparound.com/read/1584077405.4741805/Stock-market-bloodbath-amid-coronavirus-fears;-Sensex,-Nifty-drop-over-10-pc?ref=audio_experience