Sensex lost 470 points to sell 30690 stocks in Index-based stocks.
(Commerce Rep) Mumbai, Ta: 13th April 2020, Monday
With the Corona epidemic plunged into the global economic depression, weaker than expected index-based offloading in the Indian stock markets today, the cues from weak results before the start of the fourth quarter corporate results season ended March 8. The 5 points were off by 5 points.
Investors' consolidated assets in stocks today fell by Rs 1.8 lakh crore to Rs 1.8 lakh crore in a single day. Gold prices rose sharply in the global market late on the evening of an increase of $ 5 per ounce to $ 5. The US dollar against the rupee today fell two paise to Rs. Although crude oil has reached an agreement between OPEC and non-OPEC countries to reduce production, international demand for crude has dropped to $ 8.9 billion and Naimax crude to $ 1.8.
Funds were being sold in frontline stocks in banking, finance, consumer durables, automobiles, oil-gas stocks in Indian stock markets. Of course, the rise in demand from Indian companies around the world due to the Corona epidemic has led to an unprecedented boom in pharmaceuticals-healthcare stocks today reaching the new highs of BSE Healthcare Index 3. With this, the buoyancy of funds was seen rising in the small, mid cap stocks.
Comments
Post a Comment