A traumatic day for global stockmarkets turned into the worst-ever for the 30-scrip Bombay Stock Exchange sensex, which recorded its biggest single-day fall in terms of points, tumbling 1,942 points or 5.2% to 35,635. Already anxious about the coronavirus impact and sliding oil prices, Dalal Street caved in under fears of financial instability in India due to the crisis at Yes Bank, the country's fourth largest private sector lender.
A traumatic day for global stockmarkets turned into the worst-ever for the 30-scrip Bombay Stock Exchange sensex, which recorded its biggest single-day fall in terms of points, tumbling 1,942 points or 5.2% to 35,635. Already anxious about the coronavirus impact and sliding oil prices, Dalal Street caved in under fears of financial instability in India due to the crisis at Yes Bank, the country's fourth largest private sector lender.
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