Friday, February 28, 2020

Sensex suffers 2nd-biggest 1-day loss ever

The sensex suffered its second-worst single-day loss ever in terms of points on Friday, falling in tandem with global markets. Asian markets had lost 2-3% by the time the Indian market opened. The sensex fell nearly 1,000 points in early trade and slipped further to close down 1,448 points. The decline alone wiped out Rs 5.5 lakh crore of investor wealth.

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