Mumbai: The condition of the stock markets of the whole world including India is in crisis due to dangerous coronavirus. On Thursday, the fourth day of the week, the Indian stock market opened again with a big fall. In early trade, the SENSEX dropped below the 1900 mark to reach below the 34,000 marks. Nifty broke more than 550 points and reached 9,900 points below 10 thousand points.
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In early trade, all 30 stocks of the BSE index were trading on the red mark. Tata Steel recorded the highest decline of up to 9 percent, while Asian Paint shares also lost nearly 2 percent. The condition of the American stock market was also similar to the Indian stock market. On the previous trading day, the American stock market index Dow Jones slipped over 1400 points and closed at 23,553.22 points.
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This is believed to be the biggest decline of the Dow Zone. Seeing the condition of the US stock market, market experts were speculating that the Indian stock market will once again start with a big fall, which proved to be quite right. Meanwhile, the rupee fell 68 paise to open at 74.32 per dollar. This is the lowest level since 11 October 2018.
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