Taking Stock: Manic Monday! Investors lose Rs 7.6 lakh cr; RBI says ready to act
Episode 2317, Mar 16, 2020, 11:40 AM
Another Monday but the same old story. Tracking selloff in global markets, both the Sensex and the Nifty slipped below their crucial support levels on March 16. The Nifty hit a fresh three-year low while the S&P BSE Sensex had its worst day in 30 months.
The S&P BSE Sensex broke below 32,000 and the Nifty closed below its crucial support at 9,300.