Sensex Plunges 458 points, Nifty Closes Below 12,150; Bank, Metal Stocks Weigh

The S&P BSE Sensex and NSE Nifty 50 indices lost more than 1 per cent, weighed down by weakness in banking, metal and financial services shares. The Sensex ended at 41155, weaker by 458 points or 1.1 per cent and the NSE Nifty 50 ended at 12,119, down 129 points or 1 per cent.Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China’s spreading virus outbreak curbed risk appetite. Japan’s Nikkei 225 fell nearly 2 per cent in early trade on Monday. Contracts on the S&P 500 Index fell more than 1 percent before paring losses and Japan’s Topix slid. And Chinese futures fell more than 5 percent

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