Ghosts of March 2020 March crash were back on Dalal Street on Monday as fears that the government could go for stricter lockdowns to curb the second wave of Covid-19, hampering the economic recovery, spooked market participants. Bears launched an all-out attack on the stock markets today as record daily cases of Covid-19 infections weakened bull reign. The benchmark S&P BSE Sensex and the Nifty50 indices cracked nearly 1,900 points and 590 points to hit intra-day lows of 47,693 and 14,249 levels, respectively. The concerns were felt in the currency market too as FPI outflows dragged the rupee to the lowest level in nine months. The rupee hit a low of 75.14 in the intra-day trade but ended at 75.05 per US dollar compared with Friday's close of 74.74.