(Bloomberg) — Indian assets suffered a rough start to the week as stocks extended declines as trading resumed after a system-wide halt, and the rupee tumbled to a new low following a lockdown in much of Asia’s third-biggest economy.The S&P BSE Sensex and the NSE Nifty indexes plunged 11% each as of 11:18 a.m. in Mumbai. The gauges must tumble 15% from yesterday’s close to trigger another trading halt, after a 10% fall within minutes of the opening bell triggered a circuit breaker. The currency declined 1.1% after hitting a new low of 76.1550.Prime Minister Narendra Modi and state leaders …read more
Source:: Yahoo Finance
