Corona continues to destroy the market, Sensex closed below 28,000
The stock market closed on the red mark on Friday, the last trading day of the week. Today, the Bombay Stock Exchange’s leading index Sensex closed down 674.36 points, or 2.39 percent, at 27590.95. On the other hand, the National Stock Exchange’s Nifty closed at 8083.80, down 170 points, or 2.06 percent.
This was the situation of veteran shares
Talking about the big stocks, today Sun Pharma, Cipla, ITC, GAIL, ONGC, BPCL, M&M, Zee Ltd, Tech Mahindra and Infratel closed on the green mark. Axis Bank, IndusInd Bank, ICICI Bank, Titan, SBI, Maruti, HDFC, Asian Paints and Wipro closed at the red mark.
Sectoral index tracking
If we look at the sectoral index, today all sectors except Pharma and FMCG closed on the red mark. These include Media, Auto, Realty, IT, Metal, PSU Bank and Private Banks.
Corona’s impact on the market
The coronavirus continues to destroy the economy and life in the country. According to the Union Ministry of Health and Family Welfare, the number of infected patients has increased to 2301 nationwide. Of these, 2088 are active cases, 156 people have recovered or have been discharged from hospital and one has gone out. At the same time, 56 people have died. At the same time, one elderly person died in Gujarat today, while 21 cases have been reported in Rajasthan, 12 in Andhra Pradesh, eight in Haryana, six in Agra in UP, one in Dharavi in Mumbai and one in Goa. Due to this, the market is facing a steady decline.
The market closed on the red mark on Wednesday
The stock market closed on the red mark on Wednesday. The Sensex was down 1203.18 points, or 4.08 percent, closed at 28265.31. The Nifty closed at 8253.80, down 343.95 points, or 4.00 percent.
The market was open on a flat level
The Sensex opened 91.55 points, or 0.32 percent, at 28356.86 in early trade. The Nifty opened at 8227.10, down 26.70 points, or 0.32 percent. Immediately the Sensex-Nifty again went to the red mark.
