Stocks slump as coronavirus scare casts shadow on global economy
Market gauges Sensex and Nifty tumbled further on Tuesday as investors continued to engage in sell-offs for a second day in a row fearing economic fallout of deadly coronavirus. Besides, other domestic factors like weak quarterly earnings by corporates, reports suggesting shortfall in tax collections and a general caution ahead of Union Budget weighed on investor sentiments.At the closing bell, the 30-share BSE Sensex was down 188.26 points, or 0.46 per cent, at 40,966.86 — its weakest level in over six weeks. During the day, the index swung over 463…
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