The growing cases of corona in the stock market are showing its impact.
new Delhi:
Stock Market Updates: The second wave of Corona has also engulfed the domestic stock market. On Monday, for the first time, new cases of corona in the country have crossed the 1 lakh mark. In such a situation, a big decline is being seen in the market. Around the quarter past 10 in the morning, the Sensex has seen a decline of more than 1,000 points. Both benchmark indices are trading with a negative stance. The Nifty has reached the level of 14,500.
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At 10.16 in the morning, the Sensex was trading at a level of 48,853.07 with a fall of 1,176.76 points, ie, 2.35 per cent. At the same time, the Nifty was trading at a level of 14,519.85, down by 347.50 points i.e. 2.34 per cent.
The BSE Sensex fell 410.21 points to open at 49,619.62 in early trade, while the NSE Nifty opened at 14,753.10 points with a loss of 114.25 points. About 688 shares have gained, while 719 shares have fallen. There is no change in 107 shares. At the opening, 22 stocks of the 30-share Sensex were opened in red.
Today, in the opening itself, shares of big companies like HDFC Bank, HDFC, ICICI Bank and Reliance Industries were seen falling. However, the trend in global markets was positive. Among the Sensex companies, IndusInd Bank’s share was the biggest loser of three percent. Shares of Bajaj Finance, Axis Bank, SBI, Bajaj Auto, Bajaj Finserv, ICICI Bank, HDFC Bank, HDFC and Reliance Industries were also under loss. On the other hand, the shares of Infosys, HCL Tech, Tech Mahindra, TCS and Bharti Airtel were in profit.
The Sensex closed at 50,029.83 points, a rise of 520.68 points or 1.05 percent on Thursday in the previous trading session. The Nifty was at 14,867.35 points with a gain of 176.65 points or 1.2 percent.
(With input from language)