Black Friday on bourses as equity indices crash due to COVID-19 impact worldwide
Mumbai: Investors woke up to a Black Friday as equity indices crashed by nearly 10% with coronavirus panic selling globally hitting almost every asset class. Sensex reopened after 45 minutes halt due to lower circuit; plunged 3518.49 points, at 29206.20 currently. All sectoral indices at the National Stock Exchange were floating in red with Nifty IT down by 13.15%, PSU bank by 12.96%, metal by 11.83% and auto by 11.38%. Among stocks, Kotak Mahindra Bank was the top loser after dropping by over 20% at Rs 1,172.05 per share. Bharat Petroleum Corporation slipped by 16.7%, GAIL by 15.3% and ONGC by 14%.