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    Home»Equities»Sensex hits lower circuit for second time in a month
    Equities

    Sensex hits lower circuit for second time in a month

    Finance KhabarBy Finance KhabarMarch 23, 2020Updated:March 23, 2020No Comments2 Mins Read
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    Mumbai: Benchmark indices resumed trading after trading has been halted for 45 minutes post Sensex hit lower circuit. The Sensex is down 3,173.67 points or 10.61% at 26742.29, and the Nifty down 909.60 points or 10.40% at 7835.85.About 203 shares have advanced, 1436 shares declined, and 68 shares are unchanged.

    The Sensex fell by 3300 points compared to Friday’s closing. The Bombay Stock Exchange’s Sensex fell 10%, causing the stock market to stop trading for 45 minutes.

    This is the second time in a month that trading of the stock market has stopped. Earlier on March 13, the trading of the stock market was stopped due to the lower circuit. All shares of the index are on the red mark. The Nifty slipped 9.63% to reach the 7,903 mark. From the level at which the market was open, it was estimated that soon it could hit the lower circuit.

    The stock market opened again with a major fall amidst the lockdown, due to Corona. The Sensex was down 2307.16 points to open at 27,608.80. On the Nifty, trading started at 7,945.70, down 8.66%. All the Sensex stocks were trading at the red mark. When the market opened this morning, investors lost Rs 8 lakh crore in the first 15 minutes of trading. As soon as the market opened, 150 stocks hit the lower circuit, while 340 stocks were trading at their 52-week lows.

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