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Indian shares plunge as record COVID-19 surge stokes growth fears

Indian shares tumbled and the rupee weakened on Monday as daily coronavirus infections reached a record high and fresh curbs were imposed in the financial capital of Mumbai, sparking worries about the pace of the country's economic recovery.

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Explained: Why Sensex fell over 1,300 points in early trade

At 11.22 am, S&P BSE Sensex was trading at 48,699.16 after falling 1,322.07 points due to a sharp rise in market volatility. Here are some reasons why both Sensex and Nifty fell sharply on Monday:

Siddharth khemkaBajaj finservIndusind bankMotilal oswal securitiesBajaj financeReserve bankStock marketStock market investorsDalal streetசித்தார்த் கெம்கஅபஜாஜ் பின்செருவ்இந்துசின்த் வங்கிமோட்டிலால் ஒசுவள் பத்திரங்கள்பஜாஜ் நிதிஇருப்பு வங்கிஸ்டாக் சந்தை

Share Market Updates: Sensex, Nifty Plunge As Rising Covid-19 Stoke Growth Fears

Sensex, Nifty Plunge As Rising Covid-19 Cases Stoke Growth Fears Selling pressure was broad-based as nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index s 4% decline. Updated: April 05, 2021 4:19 pm IST The Indian equity benchmarks plunged on Monday as rising Covid-19 cases and fresh curbs in Maharashtra sparked worries about the pace of the country s economic recovery, analysts said. The Sensex fell as much as 1,449 points and Nifty 50 index tumbled below its important psychological level of 14,500, the index dropped as much as 408 points at the day s lowest level. The country s coronavirus caseload jumped by more than 1 lakh to surpass 12.5 million on Monday. Maharashtra imposed stringent curbs including a complete lockdown on weekends.

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Markets today: Sensex crashes by up to 1,400 points as Covid cases, restrictions spook markets

All sectoral sub-indices, with the exception of Nifty IT, faced losses.

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Sensex dives 871 points as banking, financial stocks plunge; Nifty settles at 14,638

Sensex dives 871 points as banking, financial stocks plunge; Nifty settles at 14,638
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Siddharth khemkaBajaj autoNifty financial servicesIndusind bankBajaj financeNifty metalMotilal oswal securitiesReserve bankசித்தார்த் கெம்கஅபஜாஜ் ஆட்டோநிஃப்டி நிதி சேவைகள்இந்துசின்த் வங்கிபஜாஜ் நிதிநிஃப்டி உலோகம்மோட்டிலால் ஒசுவள் பத்திரங்கள்இருப்பு வங்கி