A new and faster-transmitting strain of the coronavirus in the UK is an area of concern for markets, say analysts
Tracking weak global markets, Indian equities saw a sharp selloff today with Sensex falling as much as 2,037 points at day's low, before settling over ,400 points lower at 45,553. The Nifty hit 13,131 at day's low before paring some losses. The BSE midcap and smallcap indices were down about 4%. European shares fell sharply today while Dow futures were lower as investors sought the safe haven of US dollar amid growing unease over the economic impact of a new coronavirus strain in Britain.
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