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Sensex falls over 100 points, Nifty below 9,200 – Times of India

NEW DELHI: Equity indices turned red on Tuesday in a highly volatile trade as the deadly coronavirus remained a major risk to economic growth. The benchmark BSE sensex fell 112 points or 0.36 per cent to 31,278; while the broader NSE Nifty was 23 points or 0.25 per cent to 9,174.
Sensex tanked 515 points or 1.64 per cent to 30,875 in opening trade; while Nifty moved 150 points or 1.62 per cent lower to 9,047.
Top losers in the BSE pack include IndusInd Bank, ICICI Bank, Bajaj Finance, HDFC, Kotak Bank adnd HDFC Bank with their shares falling as much as 6.57 per cent.
On the NSE platform, sub-indices Nifty Media and Financial Services fell up to 4.21 per cent.
Sensex had logged its second-biggest drop in absolute terms on Monday, as the coronavirus pandemic continued to wreak havoc on the global markets. The highest drop in terms on points (2,919) was recorded on March 12.
The 30-share BSE index had plunged 2,713 points or 7.96 per cent to finish at 31,390. And, Nifty gave up the 9,200 level, slumping 758 points or 7.61 per cent to end at 9,197.
On the global front, most Asian shares fell just a day after Wall Street’s historic market rout, with fleeting initial gains evaporating as the coronavirus turned pandemic.
Covid-19 has so far claimed over 6,000 lives and infected more than 1,62,000 people across the globe.
(With agency inputs)