The inventory market outraged, the Sensex closed down 1448 factors

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

Mumbai Today, on Friday, February 28, 2020, the inventory market closed with a heavy fall. Today the Sensex fell by about 1448.37 factors to shut on the stage of 38279.29. At the identical time, the Nifty closed at 11201.75 factors stage with a drop of about 431.55 factors. When the inventory market closed today, about 417 shares gained on the BSE, 2041 shares closed down. At the identical time, there was no distinction within the value of 148 shares. In the night, towards the greenback, the rupee was buying and selling at a stage of Rs 72.17 towards a weak spot of 56 paise.

5 Fridays heavy on Sensex

Falling 1,624 factors on 24 August 2015

Fall of 1,408 factors on 21 January 2008

Decline of 1,070 factors on 24 October 2008

Fall of 988 factors on -1 February 2020

Fall of 951 factors on 17 March 2008

Week was dangerous for the inventory market

The Indian inventory market can be apprehensive in regards to the corona virus and it has hit it today. <! –

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                 This led to the Sensex registering its greatest weekly decline in 4.5 years. The index has garnered a market cap of Rs 1.15 lakh crore within the week's heavy promoting.

Week lengthy index transfer

If we take a look at the motion of the index for the week, the Nifty fell 7.5% this week, whereas the Sensex slipped 6.8%. At the identical time, the Bank Nifty has damaged down by 5.5%, Midcap index by 7.4% and Metal index by 12.8%. The IT index has declined by 8.4%, the PAYU Bank index 9.5%, the auto index 10.2%, the pharma index 9.1% and the FMCG index by 4.4% this week.

Nifty's prime gainer

IOC shares closed at Rs 106.45, up practically Rs 1.

Nifty prime loser

The inventory of Vedanta closed at Rs 112.80, down by about Rs 18.

Tata Motors shares closed at Rs 129.85, down Rs 15.

Hindalco's shares closed at Rs 154.75, down practically Rs 14.

Tech Mahindra's inventory closed down by Rs 62 to shut at Rs 747.20.

Tata Steel's shares closed at Rs 381.05, down practically Rs 32.

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