Heavy fall in stock market, Sensex down 882.61

Heavy fall in stock market, Sensex down 882.61

Mumbai: Sensex and Nifty started with a decline on the first day of this business week. BSE Sensex and Nifty 50 both closed at the end of trading on Monday 19 April. The BSE Sensex lost 882.61 points to close at 47949.42. Today, it had crossed the 48 thousand level once in a day’s business, but the momentum was not sustained and closed with a fall. In the day’s trading, only two stocks out of 30 stocks of BSI, Dr. Reddy’s and Infosys closed with a gain. Due to the increasing uncertainty due to Corona and the restrictions imposed by the states, there are apprehensions in the minds of investors, due to which the market sentiment has deteriorated.

Talking about the Nifty, it has closed at 14359.45 with a fall of 258.40 points. Listed on this, only 5 stocks gained momentum and the remaining 45 stocks closed down.

Among the 30 stocks listed on the BSE Sensex, only two stocks gained momentum today. Dr. Reddy’s gained 1.58 percent to 4970.55 and Infosys gained 0.74 percent to Rs 1362.60. The largest decline was in Powergrid shares. Powergrid shares closed down by Rs 4.17 per cent to close at Rs 201.15. ONGC lost 3.91 per cent to Rs 103.1 and IndusInd Bank lost 3.89 per cent to close at Rs 831.70.

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