Indices see biggest 1-day fall ever in absolute terms, Sensex dips 1942 pts

Crash in crude oil price and Coronavirus (Covid-19) fears triggered another round of across-the-board selling in the equity market on Monday. Benchmark indices Sensex and Nifty slid over 6 per cent during the intra-day session before trimming some of their losses later. The indices witnessed their biggest one-day fall ever in absolute terms. Volatility index, India VIX, surged over 21 per cent to 31.05 levels.