Ishika Mookerjee, Bloomberg News A security guard uses an infrared thermometer to check the temperature of a man, wearing a protective mask, entering the Bombay Stock Exchange (BSE) in Mumbai, India, on Friday, March 27, 2020. The Reserve Bank of India (RBI) cut interest rates and announced steps to boost liquidity in a stimulus worth 3.2% of gross domestic product to counter the economic impact of the coronavirus outbreak. Photographer: Dhiraj Singh/Bloomberg , Bloomberg
(Bloomberg) Indiaâs stock benchmark fell, snapping a six-day climb, as investors assessed heady valuations and new virus cases ahead of the winter holidays.
The S&P BSE Sensex declined 0.3% to 46,800.58 as of 9:33 a.m. in Mumbai Monday, while the NSE Nifty 50 Index fell by a similar magnitude. Both indexes extended record highs with rises of almost 2% last week, marking their longest weekly winning streaks since April 2019.