Sensex plunges 1129 points, markets open in red amid coronavirus fears

Indian stock markets fell sharply today with Sensex tanking nearly 1,200 points amid a global selloff on concerns that the coronavirus would significantly slow down economic activity. Back home, the Yes Bank crisis also hurt the sentiment. A significant dip in global oil prices failed to lift the domestic sentiment as increasing cases of coronavirus cases in India and concerns about domestic economic growth weighed on the market mood.

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