Sensex dips 1,310 pts from day's high
Of the 143 stocks from the F&O segment, 10 have seen their market price more than halve in the March F&O series.
Post the coronavirus outbreak, the correction in the auto index is now closer to that witnessed during the 2008 Global Financial Crisis (GFC) period, said HDFC Securities
Nifty Metal index tumbled 6.6 per cent to 2,134, while Nifty Media index slipped 5.5 per cent to 1,518, and Nifty Auto was down 4 per cent to 6,662, as against a 3.9 per cent decline in the Nifty50
The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.
Lack of demand due to illiquid market and weak consumption appetite led to steep fall in auto-sales
The Nifty Auto index fell as much as 1.64 per cent to 9061 level so far in intra-day trade, weighed by shares of Bharat Forge, Tata Motors and Ashok Leyland