54 The selloff picked pace after the World Health Organization (WHO), late Wednesday night, termed the the new coronavirus outbreak as a pandemic, and expressed deep concern over the "alarming levels of inaction".Besides selloff in global equities, massive plunge in international oil prices and depreciating rupee added to investor concerns, they added.The new coronavirus that first originated in the Chinese city of Wuhan in December last year has claimed over 4,200 lives and infected more than 117,330 people across 107 countries and territories.75 points, or 4.In the previous session, the 30-share BSE barometer settled 62.On a net basis, foreign institutional investors sold equities worth Rs 3,515.All Sen*** components were trading in the red.86 in morning session.38 crore, while domestic institutional investors bought shares worth Rs 2,835.29 per cent and Tokyo cracked up to 5.50 against US dollar in morning session.The rupee too plunged 82 paise to 74..Incessant foreign fund outflow also spooked market participants, traders said.63 per cent, lower at 34,044.95 points or 0.Similarly, the NSE Nifty cracked 486.46 crore on Wednesday, data available with stock exchanges showed.

The 30-share index was trading 1,652.Brent crude oil futures plunged over 5 per cent to USD 34 per barrel, after the travel ban. Tata Steel was the top loser, tanking up to 9 per cent, followed by ONGC, SBI, Titan, Axis Bank, M&M, UltraTech Cement, L&T and Reliance Industries.Elsewhere in Asia, bourses in Shanghai dropped over 1.66 per cent, Seoul 4.40.65 per cent, to 9,971.45 points or 0.18 per cent higher at 35,697.65.Continuing its downward spiral, domestic BSE Sen*** sank 1,821.32 per cent.Mumbai: Equity benchmark Sen*** plummeted over 1,800 points and the broader Nifty gave up the 10,000 level in opening session loose-leaf notebook for sale on Thursday as worsening rout in world markets, after WHO declared coronavirus a pandemic, flared up fears of a global economic recession.07 per cent up at 10,458.34 per cent, Hong Kong 3.Following the announcement, US President Donald Trump suspended all travel from Europe, excluding the UK, to the US for the next 30 days to stop the spread of the virus.27 points at open.40, and the Nifty closed 6.In overnight trade, US equity benckmarks also plunged nearly 5 per cent, intensifying the global rout. China remains the hardest-hit with over 80,000 infections and 3,000 deaths.According to traders, volatility peaked in global markets after WHO's announcement describing the coronavirus outbreak as a pandemic.