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Indian stock markets plunged today, following a global stock collapse amid growing concerns about the impact of the coronavirus on the global economy. The Sensex lost more than 1,100 points to 38,601, wiping out the wealth of investors by around 5 billion lakh crores in 5 minutes. The wider Nifty has crossed the level of 11,300 today. Global markets are on track for the worst week since the 2008 global financial crisis, as virus disruption in international travel and supply chains fueled fears of a recession.