Investors lost more than Rs 7.37 lakh crore as the market capitalisation of the BSE listed firms declined to Rs 258.30 lakh crore from Rs 265.67 lakh crore on Thursday.
Sensex Tanks Over 1,300 Points On Spiking Covid-19 Cases; Nifty Drops To 14,222
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading on a positive note in mid-session deals.
PTI 19 April 2021 PTI PTI 2021-04-19T10:08:44+05:30 Sensex Tanks Over 1,300 Points On Spiking Covid-19 Cases; Nifty Drops To 14,222 outlookindia.com 2021-04-19T10:12:08+05:30
Equity benchmark Sensex crashed over 1,300 points in early trade on Monday, tracking massive across-the-board selloff as mounting COVID-19 cases spooked investor sentiment.
The 30-share BSE index was trading 1,318.21 points or 2.70 per cent lower at 47,513.82.
Similarly, the broader NSE Nifty tanked 394.90 points or 2.70 per cent to 14,222.95.
All Sensex components were in the red. Bajaj Auto was the top loser in the Sensex pack, dropping over 5 per cent, followed by IndusInd Bank, SBI, ICICI Bank, Bajaj Finance and Axis Bank.
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NEW DELHI: Domestic equity indices, BSE Sensex and NSE Nifty, was trading in red on Monday on account of selling in frontline bluechip counters.
Shares of Gujarat Intrux ( 18.33 per cent) , Premier Polyfilm ( 15.84 per cent) , Everest Kanto ( 14.24 per cent) , Valson Industries ( 13.64 per cent) , Shukra Pharma ( 12.86 per cent) , Times Guaranty ( 12.29 per cent) ,
KDDL Ltd ( 11.84 per cent) , Indrayani Bio ( 10.42 per cent) , Polylink Poly ( 10.13 per cent) and Nureca ( 10.00 per cent) rallied over 10 per cent.
The 30-share Sensex was trading 1365.8 points down at 47466.23 on Monday, while the 50-share Nifty index was 387.1 points down at 14230.75.
In the Nifty 50 index, 4 stocks were trading in the green, while 46 stocks were in the red.