69th Day Of Lockdown

Maharashtra65168280812197 Tamil Nadu2024611313157 Delhi173877846398 Gujarat1635692321007 Rajasthan83654855184 Madhya Pradesh78914444343 Uttar Pradesh77014651213 West Bengal48131775302 Andhra Pradesh3461228960 Bihar3359120915 Karnataka292299749 Telangana2499141277 Jammu and Kashmir234190828 Punjab2197194942 Odisha17239779 Haryana172194019 Kerala120957510 Assam9361044 Uttarakhand493794 Jharkhand4621914 Chhatisgarh4471021 Chandigarh2891994 Tripura2711720 Himachal Pradesh223634 Goa70420 Manipur6060 Puducherry57230 Nagaland3600 Meghalaya27121 Arunachal Pradesh310 Mizoram110 Sikkim100
Business Market 03 Apr 2020 Sensex slumps 674 pt ...

Sensex slumps 674 pts; Nifty drops below 8,100

PTI
Published Apr 3, 2020, 10:30 am IST
Updated Apr 3, 2020, 4:17 pm IST
With fresh cases of novel coronavirus mounting by the day, concerns over a looming economic recession kept investors on the edge
Bombay Stock Exchange. (Photo- PTI)
 Bombay Stock Exchange. (Photo- PTI)

Mumbai: Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as unabated spike in new Covid-19 cases fuelled uncertainty over the economic impact of the pandemic.

After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95.

 

The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.

Axis Bank was the top loser in the Sensex pack, cracking over 9 per cent, followed by IndusInd Bank, ICICI Bank, Titan, SBI, Maruti, HDFC and Asian Paints.

On the other hand, Sun Pharma, ITC, ONGC, M&M and Tech Mahindra were among the gainers.

With fresh cases of novel coronavirus mounting by the day, concerns over a looming economic recession kept investors on the edge, traders said.

The Asian Development Bank warned on Friday that the Covid-19 pandemic could cost the global economy USD 4.1 trillion as it ravages United States, Europe and other major economies.

It also said that India's economic growth rate will slip to 4 per cent in the current fiscal.

The number of Covid-19 cases in India has crossed 2,300 while the death toll rose to 56, according to the Health Ministry.

The number of confirmed coronavirus cases around the world has soared past one million and fatalities have topped 50,000 as the US reported the highest daily death toll of any country so far.

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