Sensex hits lower circuit limit, halts trading for 45 minutes

BSE flagship plunged 2991.85 points, or 10 per cent, at 26,924.11 levels. The Nifty fell below the 8,000-mark, down 834.10 points, or 9.54 per cent.
An invester watches the market reactions at BSE in Mumbai. (Photo | PTI)
An invester watches the market reactions at BSE in Mumbai. (Photo | PTI)

Trading has been halted, for the second time in two weeks, for 45 minutes after Sensex plunged 10 per cent on Monday. The Indian equity markets witnessed heavy sell-off in tandem with their Asian peers, as the entire world struggles to fight the fast-spreading novel coronavirus (COVID-19). 

BSE flagship plunged 2991.85 points, or 10 per cent, at 26,924.11 levels. The Nifty fell below the 8,000-mark, down 834.10 points, or 9.54 per cent.

According to reports, about 8 lakh crore eroded from the market as the total market cap of BSE-listed firms slid to Rs 1,08,29,258.45 crore.

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The New Indian Express
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