Sensex tanks 1,400 points amid surging Covid cases

by IANS |

Mumbai, April 19 (IANS) The Indian stock market plunged on Monday morning due to the rising number of Covid cases across the country, with the BSE Sensex falling over 1,400 points.

It touched an intraday low of 47,362.71 so far.

Around 10.10 a.m., Sensex was trading at 47,561.41, lower by 1,270.62 points or 2.60 per cent from its previous close of 48,832.03.

It opened at 47,940.81 at the intraday high of 47,940.81 points.

The Nifty50 on the National Stock Exchange was trading at 14,275.85, lower by 342.00 points or 2.34 per cent from its previous close.

Selloff was witnessed in across sectors during the initial trade led by banking and financial stocks.

Latest News
Efforts for 'Viksit' Mathura will be made: Hema Malini Thu, Apr 25, 2024, 12:49 PM
Mahadev betting scam: Actress Tamannaah Bhatia summoned by Maha Police Thu, Apr 25, 2024, 12:26 PM
Woman kidnapped, gang-raped in Bengaluru, five arrested Thu, Apr 25, 2024, 12:24 PM
All arrangements falling in place for smooth conduct of LS polls in Kerala Thu, Apr 25, 2024, 12:21 PM
S. Korea launches presidential committee on medical reform amid protest Thu, Apr 25, 2024, 12:03 PM
How climate change impacts transmission of malaria Thu, Apr 25, 2024, 12:03 PM
Vivekananda Reddy's wife questions Jagan's Kadapa MP candidate pick Thu, Apr 25, 2024, 11:59 AM
Lawyers, parties in-person to receive SC case-related messages on WhatsApp, announces CJI Thu, Apr 25, 2024, 11:54 AM
IPL 2024: Rasikh Salam reprimanded for code of conduct breach Thu, Apr 25, 2024, 11:53 AM
IPL 2024: Axar Patel's promotion to number three was for countering R Sai Kishore, says DC coach Amre Thu, Apr 25, 2024, 11:47 AM
Peru, El Salvador to meet in June friendly Thu, Apr 25, 2024, 11:40 AM
3.24 billion people use Meta apps, Threads reaches 150 million monthly active users Thu, Apr 25, 2024, 11:39 AM
SK hynix returns to profit on robust demand for AI chips in Q1 Thu, Apr 25, 2024, 11:35 AM
RBI crackdown triggers crash in Kotak Bank shares Thu, Apr 25, 2024, 11:33 AM
Will make India our global export hub: Hyundai Motor chief Thu, Apr 25, 2024, 11:24 AM