Taking Stock: D-St gave up gains; Sensex falls more than 300 points

Indian markets that started off on a strong note failed to hold onto gains and closed in the red amid weak global cues, as well as the extension of the lockdown which is likely to impact India Inc. in the coming quarters as well.

Global share markets dipped into the red as warnings of the worst global recession since the 1930s underlined the economic damage done during the coronavirus pandemic even as some countries try to re-open for business, said a Reuters report.