Indian markets tumble as COVID woes pile up; post weekly losses
Mumbai, Apr 23 (PTI) Equity benchmarks wilted under selling pressure on Friday as the steady stream of grim news surrounding the COVID-19 crisis in the country sapped risk appetite and raised concerns over the economic recovery forecasts.
A depreciating rupee, which slumped below the 75-mark versus the US dollar, and a negative trend in global equities added to the gloom, analysts said.
After a volatile session, the 30-share BSE Sensex ended 202.22 points or 0.42 per cent lower at 47,878.45.