The broader NSE Nifty 50 index .NSEI was down 1.1 per cent at 11,949, as of 0350 GMT, while the benchmark S&P BSE Sensex .BSESN also dropped 1.1 per cent to 40,755.08. Markets dropped on Monday, in line with global peers, as a spike in coronavirus cases beyond China renewed concerns surrounding the impact on global economy. Global sentiment took a beating following reports that South Korea put the country on high alert after the number of infections hit more than 700 and deaths rose to seven. In Italy, officials said the number of cases jumped to above 150 from just three last week. The broader NSE Nifty 50 index .NSEI was down 1.1 per cent at 11,949, as of 0350 GMT, while the benchmark S&P BSE Sensex .BSESN also dropped 1.1 per cent to 40,755.08. Last week, Nifty 50 index shed 0.27 per cent, while the Sensex lost 0.21 per cent. "Spread of the coronavirus is creating some apprehension in the minds of investors that this demon might not come under cont...
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