FED CUTS RATES TO ALMOST ZERO; SENSEX DOWN BY4.97%, NIFTY BY 4.51%

Highlights: 

• FED cuts to 0% don’t help global scenario Indian Sensex opens on a low
• Adani ports, ICICI, Axis Bank, HDFC, UPL, and IndusInd bank losers in NIFTY 

 The Impact of coronavirus on the markets is unprecedented. The financial institutes are making provisions to cushion falls but when market sentiment is panic-driven not much can be do....