INSUBCONTINENT EXCLUSIVE:
Finance Minister Nirmala Sitharaman on Friday said the government and the Reserve Bank are closely monitoring the stock market, which is
facing intense volatility amid mounting coronavirus fears
Together with the RBI, the government is closely monitoring markets, she said on the situation arising out of a panic spread of coronavirus
After being battered in the early session, the BSE Sensex spurted 1,325.34 points and the NSE Nifty rose 365.05 points to settle the day at
Indian market saw its biggest intra-day selloff in early session, wiping nearly Rs 12 lakh crore off investor wealth in less than 20
As coronavirus-led recession fears triggered panic selling globally, both Sensex and Nifty plunged over 10 per cent in the opening session,
hitting their lower circuit levels
Stock exchanges halted trading for 45 minutes
Normal trading resumed at around 1030 hours
The last circuit freeze happened in January 2008.