Sensex plummets over 2,700 pts, Nifty ends below 9,200
Mumbai: Corona broke into havoc on the stock market on Monday as well. The Sensex of the Bombay Stock Exchange (BSE) fell by 2713.41 points (7.96%) amid growing outbreaks of the virus in countries around the world. At the same time, the Nifty of the National Stock Exchange (NSE) fell 756.10 points (7.60%) to close at 9,199.10. This is the second biggest drop of a day in the Sensex. On March 12, the Sensex had lost 2,919 points.
Shares of all 30 companies closed on the red mark on the BSE. On the NSE, shares of 49 companies were sold and buying of one company was recorded. Yes Bank saw a gain of 45% on the NSE. IndusInd Bank shares were the biggest losers on BSE with 17.50 per cent, Tata Steel 11.02 per cent, HDFC 10.94 per cent, Axis Bank 10.38 per cent and ICICI Bank 9.96 per cent.
At the same time, IndusInd Bank was the highest at 18.35 per cent on NSE, 14.82 per cent in JSW Steel, 10.89 per cent in Vedanta Ltd, 10.70 per cent in Tata Steel and 10.31 per cent in ICICI Bank shares.
Last week too, the Sensex saw a fall of 3,473 points (9.24%), while the Nifty fell by 1,034 (9.41%) due to a sharp fall in the Corona virus and crude oil prices. The stock market was witness to huge volatility on Friday. Businesses had to stop for the first time in 12 years after the index dropped by 10%. However, at the end of the business there was a record comeback.