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Markets in Red for Fourth Consecutive Day as Sensex Falls 413 Pts

The broader markets represented by the NSE Nifty 500 Index fell 1.26 percent.

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Indian equities fell to trade at day's low on Wednesday, 26 February. S&P BSE Sensex plummeted 413 points to end at 39,867, while NSE NIFTY 50 slipped 113 points and closed at 11,684 as of 3:20 pm.

The broader markets represented by the NSE Nifty 500 Index fell 1.26 percent.

Earlier in the opening bell, sensex fell as much as 0.98 percent or 393 points to 39,888 and the Nifty fell as much as 1 percent to 11,679, tracking global markets' fears over coronavirus dampening investor sentiment. The broader markets represented by the NSE Nifty 500 Index fell as much as 0.88 percent.

The Indian rupee opened higher by 13 paise at 71.75 per dollar on Wednesday versus previous close of 71.88.

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In the morning, the market breadth was tilted in favour of sellers. About 1,044 stocks declined and 429 shares advanced on National Stock Exchange.

(With inputs from BloombergQuint and Moneycontrol)

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