Sensex Fall 1,000 points, Nifty trades below 8,700 Coronavirus fears.

Shortly after turning green, the domestic stock indexes on Wednesday continued to subtract profits before expanding sales as the world market failed to gain profits and turn their spirals down amid fears of coronavirus BSE Sensex decreasing. Down more than 1,000 points and the wider NSE Nifty 50 goes down by 200 points
At 12:40 hrs, Sensex dropped 1,170.32 points or 3.74% to trade at 29,429.50 while Nifty fell 238 points or 2.7% at 8,728.
The decrease in the number of coronaviruses in India has increased to 147, and the Supreme Court has filed a lawsuit at the Ministry of Telecom (DoT) to approve the payment of a fine (AGR) from telecommunications companies.
Nifty Bank decreased 4.5%, Vodafone Idea decreased 37% and Bharti Infratel fell 13% after the Supreme Court's order. The Apex court made it clear that there was no further attempt to calculate the telecommunications company's AGR.
Yes Bank shares traded above 6% at Rs 62.15 per person after reaching a record high of Rs 87.85 in BSE.
From the number 30 Sensex, 26 in red.
Hours before the market began operations, S&P's global rating agency lowered India's economic growth forecast to 5.2% by 2020, stating that the global economy is entering a recession in the midst of an epidemic. Of coronavirus disease, the previous agency predicted a 5.7% growth rate during the calendar year 2020