SENSEX DOWN BY 400 POINTS AS RBI PREDICTS NEGATIVE GDP GROWTH

Highlights

• At present the Sensex stands at 30,601.64 levels and the Nifty 50 index is at 9,021.60 levels

• The announcements made by the RBI and losses incurred by financial, metal and automobile stocks were the reason behind decline of the BSE Sensex

As soon as the Reserve Bank of India announced that the GDP growth for financial year 2021 may be in the negative territory, its impact was seen on the s....