After a slight covering yesterday, Nifty observed a sharp decline. It is down almost 700 points at the time of this article. Sensex is down around 2318 points. It is almost 7% decline from its close yesterday. Nifty broke the level of 10000. Bank Nifty also noticed a sharp decline. More than 7% down. The sharp decline in nifty erased the investment of many investors.
The expert held the coronavirus liable for it. The world is on the verge of slow down. This may emerge in some new opportunities in the future. But at this point of time, some of the countries are completely shut down.
There is the expectation of more such red days in the coming time.
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