112: 31.08.2020 | Steepest single day fall of markets in 3 months, US-China tension escalate

Indian benchmark indices ended with over 2% losses on Monday amid high volatility in trade due to multiple reasons. This is the stock market’s steepest single-day decline in three months. Although markets opened with gains on global support, shares quickly succumbed to a bout of selling on reports of increased tensions along the border with China. The BSE Sensex ended at 38,628.29, shedding 839.02 points or 2.13%, The Nifty closed at 11,387.50, losing 260.10 points or 2.23%.