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Global sell-off, lockdown fear: 5 reasons why Sensex tanked 1,115 pts today

The S&P BSE Sensex plunged 1,172 points in the intra-day deals on the BSE, while Nifty50 index tanked 342 points on the NSE

The markets were at their lowest since August 3, 2020. | Photo: Shutterstock

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The markets were at their lowest since July 1, 2020. | Photo: Shutterstock

5 min read Last Updated : Sep 24 2020 | 3:56 PM IST

Indian stock markets crashed on Thursday, the last day of F&O expiry for September series, as potential second wave of Covid-19 in the UK and Europe, and concerns over delay in economic recovery soured sentiment. The S&P BSE Sensex plunged 1,172 points in the intra-day deals on the BSE, while Nifty50 index tanked 342 points on the NSE. The markets were at their lowest since July 1, 2020.

The S&P BSE Sensex ended the day at 36,554 levels – down 1115 points, or nearly 3 per cent. Nifty50, on the other hand, ended at 10,806 levels, down 326 points or around

Topics : Coronavirus Markets Stock market crash Indian markets Stock market correction Stock market slide global markets sell-off F&O

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