Mumbai : Benchmark indices plunge over 3% in the opening trade on fears of global financial meltdown due to the Coronavirus Pandemic.
The S&P BSE Sensex is down 1,044.28 points or 3.50% at 28771.31, and the NSE Nifty down 298.80 points or 3.45% at 8361.45. About 225 shares have advanced, 670 shares declined, and 67 shares are unchanged.
Among top losers in the NSE are IndusInd Bank (-10%), Bajaj Finance (-7.2%), ONGC (-6%).
Meanwhile, Indian rupee opened weaker by 33 paise at 75.18 per US Dollar against Friday’s close of 74.85.