COVID-19 TRIGGERS CRASH

Markets tumbled as investors remained worried about the uncertainty over the novel coronavirus disease outbreak and pulled out money from equity markets. The Sensex lost around 40% from its peak in mid-january 2020 till March 2020. The index saw its sharpest inter-day decline of 13.15% on March 23, 2020, a day before Prime Minister Narendra Modi declared a nationwide lockdown