Sensex crashes 1,448 pts; investors lose nearly Rs 5.5 lakh crore

Domestic equity indices tanked sharply on Friday tracking global markets on growing fears that the coronavirus outbreak could derail economic growth. The benchmark BSE sensex dived 1,448 points or 3.64% to close at 38,297; while the broader NSE Nifty moved 432 points or 3.71% to close at 11,202. Stocks wiped nearly Rs 5.5 lakh crore of investor wealth.

from Times of India https://ift.tt/2I3LhR8