The benchmark indices logged their largest single-day drop since the Union Budget, amid fears that the outbreak of coronavirus has now become a global pandemic. With an increase in the number of cases outside China, market players said investors were worried over a prolonged economic damage to the global economy.
The Sensex closed 807 points or 1.96 per cent lower at 40,363, while the Nifty dropped 242 points or 2 per cent to close at 11,829. All the BSE sectoral indices, as well as components of the Sensex and Nifty, ended the session in the red. The last time all