Sensex tanks 2400 points, RIL logs worst fall in 10 years

The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of the economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 percent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24 percent from the previous close of 37,576.62 points.

Read More: https://www.bhaskarlive.in/sensex-tanks-2400-points-ril-logs-worst-fall-in-10-years-2nd-ld/