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Virus On Dalal Street: Rs 15 Lakh Crore Wiped Out In Four Days
Panic triggered by the Covid-19 epidemic caused benchmark indices to hit the lower circuit before making sharp gains on Friday.
14 Mar 2020, 12:06 AM IST 
The Bombay Stock Exchange (BSE), right, stands on Dalal street in Mumbai. (Photographer: Adeel Halim/Bloomberg)
Indian equity markets lost about Rs 15 lakh crore as panic triggered by the Covid-19 epidemic caused benchmark indices to hit the lower circuit before making sharp gains on Friday.
The S&P BSE Sensex and NSE Nifty 50 tumbled more than 9 percent this week to close at 34,103.48 and 9,955.20, respectively. That’s the fourth straight week of losses, the longest stretch since August 2019.