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Equity benchmark Sensex plummeted over 2,000 points and the Nifty gave up the 9,400 level in opening session on Monday after the Federal Reserve’s rate cut fanned concerns over the impact of Covid-19 on world economy.
The rupee too depreciated 41 paise to 74.16 against US dollar in morning session.
Resuming its downward spiral, domestic BSE Sensex sank 2004.20 points or 5.88 per cent to 32,099.28 in morning session.
Equity benchmark Sensex plummeted over 2,000 points and the Nifty gave up the 9,400 level in opening session on Monday after the Federal Reserve’s rate cut fanned concerns over the impact of Covid-19 on world economy.
The rupee too depreciated 41 paise to 74.16 against US dollar in morning session.
Resuming its downward spiral, domestic BSE Sensex sank 2004.20 points or 5.88 per cent to 32,099.28 in morning session.
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