Sensex ends 3,000 points lower, Nifty at 9,590: 5 factors behind the market crash today
Earlier, within minutes of the opening session on Thursday, equity benchmarks plummeted 6% each, tracking global equities, following a weak trend from overseas as investors turned jittery over mounting fears of Covid-19 infections.

- Mar 12, 2020,
- Updated Mar 12, 2020 6:55 PM IST
After witnessing their worst single-day fall ever, Sensex and Nifty closed nearly 8% lower in Thursday's trade. Sensex ended almost 3,000 points lower and Nifty closed at 9,500 today, with all the sectors in the red. The crash was led by major volatility in global markets that continued to panic due to the spread of the coronavirus.
Amid rising cases of coronavirus and over 5% drop in crude oil prices, BSE Sensex closed 2,919 points lower at 32,778, while 50-share index NSE Nifty ended 868 points lower at 9,590.
Earlier, within minutes of the opening session on Thursday, equity benchmarks plummeted 6% each, tracking global equities, following a weak trend from overseas as investors turned jittery over mounting fears of Covid-19 infections.
Traders are selling off on rising fears of the virus pandemic, that might lead to a severe global recession. Domestic investors also awaited official numbers of Consumer Price Index (CPI) and Index of Industrial Production (IIP), to be released later in the day.
Here's a look at five factors which led to crash in Sensex, Nifty today.
Coronavirus infection: Share market investors lose Rs 33 lakh crore in a month
After witnessing their worst single-day fall ever, Sensex and Nifty closed nearly 8% lower in Thursday's trade. Sensex ended almost 3,000 points lower and Nifty closed at 9,500 today, with all the sectors in the red. The crash was led by major volatility in global markets that continued to panic due to the spread of the coronavirus.
Amid rising cases of coronavirus and over 5% drop in crude oil prices, BSE Sensex closed 2,919 points lower at 32,778, while 50-share index NSE Nifty ended 868 points lower at 9,590.
Earlier, within minutes of the opening session on Thursday, equity benchmarks plummeted 6% each, tracking global equities, following a weak trend from overseas as investors turned jittery over mounting fears of Covid-19 infections.
Traders are selling off on rising fears of the virus pandemic, that might lead to a severe global recession. Domestic investors also awaited official numbers of Consumer Price Index (CPI) and Index of Industrial Production (IIP), to be released later in the day.
Here's a look at five factors which led to crash in Sensex, Nifty today.
Coronavirus infection: Share market investors lose Rs 33 lakh crore in a month