Sensex plunges 1,688 points as new virus variant spooks global markets - Shahpur Turk CSC - Common Service Centre in Sonipat Sensex plunges 1,688 points as new virus variant spooks global markets

27 November 2021

Sensex plunges 1,688 points as new virus variant spooks global markets

Sensex plunges 1,688 points as new virus variant spooks global markets





Sensex plunges 1,688 points as new virus variant spooks global markets

A new variant of Covid-19 virus, first found in Botswana which can possibly resist available vaccines, pushed global investors onto the backfoot, that in turn led to a sell-off in risky assets. As a result, investors on Dalal Street too pressed the panic button, leading to a 1,688-point slide in the Sensex — the biggest single-session loss in over seven months — which closed at 57,107. In late trades, the index had even entered the sub-57k mark, its first foray in that territory in 3 months.

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