Indian benchmark indices Sensex and Nifty extended their loses on Monday with the former crashing as much as 2,522.86 points or 7.19% and the latter shedding 715.70 points or 7.19%. At 2:20 PM, the BSE Sensex was trading at 31,580.62 while the broader Nifty was at 9239.50. Meanwhile, the share prices of Yes Bank gained as much as 39% after the government notified a rescue plan for the crisis-hit lender. The crash wiped out over Rs 6 lakh crore of investors' money within the first 15 minutes of trading. The Indian rupee opened lower by 15 paise at 74.06 per US dollar on Monday.

Source: dna March 16, 2020 05:13 UTC