India's markets to witness biggest sell-off by foreign investors in March
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As India is undergoing 21-day nationwide lockdown to prevent the coronavirus from spreading, markets are set to witness the biggest sell-off by foreign investors in a single month in March. Approx 30 percent drop in the quarter ended March, India's main indexes recorded their worst yearly performance since 2009 and the volatility index shot up to levels last seen during the 2008 financial crisis.