Market tanks 9% lower, Nifty breaches 8,000

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Market tanks 9% lower, Nifty breaches 8,000

Mar 23, 2020 10:30 IST

The Indian markets started Monday trade with huge cuts as both the Sensex and the Nifty opened in the red. The Sensex was down 7.71%, down by 2300 points while the Nifty was down 9.14%, at 7945, way below the 8000 mark. Most Nifty stocks were in the red. The top losers in the first hour of trade included BPCL, ONGC, Axis bank, ICICI Bank and UltraTech cement. The Rupee fell below 76/$ in opening trade as coronavirus fears continued to torment markets

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