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Monday, May 25, 2020

Market at 3-year low, Sensex drops below 29,000

Indian markets will move further ahead 'if' exit polls prove right: BrokeragesMumbai, March 18 (IANS) Sell-off intensified in the Indian stock market on Wednesday, as both Sensex and Nifty dropped to their lowest levels in three years.

Sensex plunged over 1,900 points and fell below the psychological 29,000-mark.

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Around 3.15 p.m., it was trading at 28,780.93, lower by 1,798.16 points or 5.88 per cent from the previous close of 30,579.09. It had opened at 30,968.84 and touched an intra-day high of 31,101.77 earlier in the day.

It has so far touched an intra-day low of 28,613.05.

The Nifty50 on the National Stock Exchanges was trading at 8,485.75, lower by 481.30 points or 5.37 per cent from its previous close.

The sector-wide selloff in the Indian markets was led by heavy selling in banking and finance stocks. On the Sensex, IndusInd Bank, Bajaj Finance Aand Axis Bank were the top losers.

while ONGC, State Bank of India, TCS and ITC were the only stocks which gained.

–IANS

Total Cases

Active Cases

Recovered

Deaths

138844

             77103

57720

4021

Covid 2019 India Stats Overview. Source: Ministry of Health and Family Welfare. Updated: 25 May 2020, 08:00

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