December 21, 2020: Indian stocks succumbed to selling pressure across the globe on Monday as investors remained cautious about detection of a new and fast-spreading coronavirus strain in the UK. In late afternoon trade, Indian benchmark share indices slumped over 1000-points. During the day, the Sensex lost 2037.61 points or 4.3%. At 2:52 pm, the BSE Sensex was at 45,541.25, down 1419.44 points or 3.02%. The Nifty was at 13,314.10, down 446.45 points or 3.24%.
European shares slumped as the rapid spread of a new strain of the coronavirus led to a more stringent lockdown in England and a travel ban from many countries, while a Brexit trade deal still hung in the balance.