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Coronavirus: Sensex plunges around 1000 points

Sensex plunged nearly 1000 points this morning. Equity benchmark indices dropped sharply during early hours on Monday in line with Asian peers as risk sentiment worsened due to the unabated spread of coronavirus (COVID-19) and a plunge in oil prices. Oil fell the most since 1991 after Saudi Arabia started a price war with Russia by slashing its selling prices amid falling demand because of the virus outbreak.

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