The global sell-off triggered by fears of a worldwide recession due to the spread of coronavirus shows no signs of tapering, despite desperate cut in interest rates and other liquidity-support measures by central banks. On Monday, the sensex lost another 8%, or 2,713 points, its second worst single-day loss after the 2,919-point pounding last Thursday. And it is expected to crash again on Tuesday after the Dow Jones index in the US crashed over 12% in early trades on Monday.
 

The global sell-off triggered by fears of a worldwide recession due to the spread of coronavirus shows no signs of tapering, despite desperate cut in interest rates and other liquidity-support measures by central banks. On Monday, the sensex lost another 8%, or 2,713 points, its second worst single-day loss after the 2,919-point pounding last Thursday. And it is expected to crash again on Tuesday after the Dow Jones index in the US crashed over 12% in early trades on Monday.