The greatest fall in Indian stock markets since 2008 occurred on Monday. The Nifty 50 index fell by 7.6%, and the Sensex index sank by 8% in a single day. Fears surrounding the coronavirus outbreak, which have led to a global stock sell-off, were blamed for the decline. The benchmark index for the Bombay Stock Exchange (BSE) is the Sensex, while the benchmark index for the National Stock Exchange (NSE) is the Nifty 50. Since the beginning of March, both indices have experienced volatility because of investors' worries about how the coronavirus pandemic will affect the world's economies. Selling avalanches reportedly caused SBI to incur a decline of 13.23% in India and a loss of 9.82% in the oil and gas sectors, according to Siddharth Mehta, IL&FS Former Director and CIO of Bay Capital. The sector indices for real estate, metal, bankex, finance, energy, and IT all saw declines. For well-run, non-leveraged businesses, careful investing is advocated notwithstanding market instability. For More Information:- https://webnewz.wixsite.com/updates/post/siddharth-mehta-on-sensex-drops-8-in-one-day-biggest-decline-since-2008-as-dow-falls-again
