Taking Stock: China virus spreads fear; Sensex tanks 450 pts, Nifty below 12,200
Episode 2159, Jan 27, 2020, 11:14 AM
Indian stock markets ended lower, copying a wider world trend as worries grew about the economic impact of China’s fast-spreading coronavirus.
The Sensex plunged nearly 500 points on January 27 to drop to its lowest level in a month. The Nifty declined more than 100 points to slip below its crucial support at 12,200 and January 24’s intraday low of 12,149.