Stock market: Coronavirus impact continues, Sensex drops 807 factors

by Jeremy Spirogis
India's cleanest city for 4th consecutive time

New Delhi. The inventory market declined for the second consecutive buying and selling day on Monday. The Sensex and Nifty each misplaced 2–2 per cent. On the identical day, the property value of traders was recorded at Rs Three lakh crore. The market capitalization of listed corporations on the BSE declined from Rs 158.50 lakh crore to Rs 155.36 lakh crore. Explain that concern of detrimental impression on financial progress is rising as a result of Coronavirus, which is the primary cause for the inventory market decline. The Sensex gained 748 shares, whereas 1769 shares declined. There was no change within the Sensex 181 shares. The Sensex opened the morning at 41,037.01, down from the earlier closing stage of 41,170.12 and at last closed at 40,363.23, down 806.89 factors or 1.96 per cent. The Sensex slipped all the way down to 40,306.36 throughout buying and selling. The NSE Nifty opened at 12,012.55, down 251.45 factors, or 2.08 per cent, to shut at 11,829.40 in opposition to the closing stage of 12,080.85.

Sensex veteran shares

Among the Sensex heavyweights, 30 of the 30 shares closed with weak point. <! –

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                 Among these, 6.39 per cent in Tata Steel, 4.72 per cent in ONGC, 4.24 per cent in Maruti, 3.42 per cent in Titan, 3.29 per cent in HDFC and three.13 per cent in ICICI Bank. Infosys fell 0.18 per cent, Kotak Mahindra Bank 0.47 per cent, HDFC Bank 0.60 per cent, Tech Mahindra 0.91 per cent, ExtremelyTech Cement 0.93 per cent and IndusInd Bank fell 0.95 per cent.

Small and mid cap shares are additionally in dangerous form

Small and mid-cap shares additionally declined considerably together with heavyweight shares. Today, the BSE Midcap fell 1.60 % and the BSE Smallcap fell 1.58 %. At the identical time, the Nifty Midcap 100 misplaced 1.91 % and the Nifty Smallcap 1.92 %. Let us let you know that 50 shares of Nifty 50 main 50 additionally closed with weak point.

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