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Indian market bleeds, down by over 3,000 points

Indian market bleeds, down by over 3,000 points

India Blooms News Service | @indiablooms | 12 Mar 2020, 09:47 am

Mumbai/IBNS: Amid the fear over the Novel Coronavirus outbreak, the Indian market crashed on Thursday with BSE Sensex going down by over 3,000 points few minutes before the closing bell.

As per the last update, BSE Sensex went down by 3,010.0 points.

NIFTY is down by 890.85 points.

The fall took place after the Indian government on Wednesday suspended all visas till Apr 15 over the outbreak of Coronavirus.

Only diplomatic, official, United Nations/International Organisations, employment and project visas are exempted.

As of Wednesday, 73  people in India have contracted the virus with a large number of them belonging to the tourist group from Italy. 

The virus has spread to over 100 countries already.

(Image Credit: UNI)

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