Monday, March 23, 2020
Trading in Indian equity markets was halted for 45 minutes today (23rd March) after the S&P BSE Sensex hit its 10 per cent lower circuit level.
The S&P BSE Sensex tanked 10 per cent, or 2,992 points, to 26,924 levels. The Nifty50 index fell 842 points, or 9.63 per cent, to 7,903.
Although the markets saw an across-the-board selling, bank and auto stocks were the worst-hit. The Nifty Bank index was down 12.7 per cent. Axis Bank and ICICI Bank both plunged over 10 per cent each while Maruti Suzuki India was down 9.7 per cent.
In the broader market, the S&P BSE MidCap index was trading with 6.9 per cent cut and the S&P BSE SmallCap index was down 6.4 per cent.
