News From Press Bulls quarantined by coronavirus spread, Sensex ends below 40K-mark

Bulls quarantined by coronavirus spread, Sensex ends below 40K-mark

Foreign portfolio investors (FPIs) sold shares worth Rs 3,337 crore, while domestic institutional investors (DII) tried to offset some selling by pumping in Rs 2,786 crore into stocks

Business Standard Feb 27, 2020

The benchmark indices fell for the fourth consecutive session on Wednesday as investors across the globe shunned riskier assets because the spread of coronavirus showed no signs of abating. Experts say investors are fretting over the impact of the outbreak on the global economy and corporate earnings.

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