Wednesday, Jul 15, 2020 | Last Update : 03:20 PM IST

112th Day Of Lockdown

Maharashtra26766514900710695 Tamil Nadu147324973102099 Delhi115346932363446 Karnataka4407717391846 Gujarat43723305552070 Uttar Pradesh3972424981983 Telangana3774524840375 Andhra Pradesh3301917467408 West Bengal3283819931980 Rajasthan2557119169524 Haryana2262817090312 Madhya Pradesh1900513575673 Bihar1885313019143 Assam178081217451 Odisha14280986496 Jammu and Kashmir111736223195 Kerala8931443835 Punjab85115663213 Chhatisgarh4379327520 Jharkhand4225242836 Uttarakhand3686286750 Goa2753160718 Tripura218315382 Manipur167210200 Puducherry153182918 Himachal Pradesh130993810 Nagaland8963460 Chandigarh60044610 Arunachal Pradesh3871453 Meghalaya318462 Mizoram2381590 Sikkim211860
  Business   Market  03 Apr 2020  Sensex slumps 674 pts; Nifty drops below 8,100

Sensex slumps 674 pts; Nifty drops below 8,100

PTI
Published : Apr 3, 2020, 10:34 am IST
Updated : Apr 3, 2020, 4:21 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.

Tags: bse sensex, broader nifty, bombay stock exchange, indian stock markets, bombay stock market
Location: India, Maharashtra, Mumbai (Bombay)