 "Nifty and Bank Nifty have posted biggest one-day fall ever in an absolute terms on March 9.")
Nifty Posts Biggest One-Day Drop in Five Years; India Volatility Index up by 21 per cent.
Market witnessed a bloodbath for second straight day on 9th March roiled by global sell-off in equities. Nifty and Bank Nifty have posted biggest one-day fall ever in an absolute terms. Nifty was down with 538.00 points or 4.90% to close at 10,451.50. Rising cases of Coronavirus outside China and its impact on economic growth has put investors in negative sentiments. Massive sell-off can be also seen in Crude oil as Crude prices plummeted more than 25 percent. Market breadth was totally in favor
