BENGALURU: The Indian stock market entered bear territory and the blue-chip Nifty 50 slipped below the 10,000 mark for the first time in two years on Thursday, as the Covid-19 coronavirus outbreak was declared a pandemic and the United States suspended travel from Europe.
The NSE Nifty 50 index slid 5.2% to 9,916.55 in early trading, while the benchmark S&P BSE Sensex dropped 5.1% to 33,876.13.
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