(Bloomberg) — India’s stocks tumbled, triggering a trading halt as the the world’s second-most populous nation edged toward a lockdown after the number of coronavirus cases in the country approached 400.The S&P BSE Sensex Index slid 10%, setting off a 45 minute system-wide trading halt as of 9:58 a.m. in Mumbai. The NSE Nifty 50 Index sank 9.6%, tracking declines across the region as the flight from riskier assets continued. The regional MSCI Asia Pacific Index lost 2.4%.Prime Minister Narendra Modi and state leaders over the weekend imposed an almost-complete lockdown, which will probably worsen an economy already set to …read more
Source:: Yahoo Finance
