Sensex down by 300 points as investors fret over rising Covid-19 cases
- The 30-share index was trading 336.77 points or 1.11% lower at 30,043.04.
NSENifty was quoting 81.10 points, or 0.91%, down at 8,844.20.
- Infosys was the top laggard in the
Sensexpack, shedding up to 4 per cent, followed by Kotak Bank, Hero MotoCorp, Tech Mahindra, Titan and Axis Bank.
Similarly, the NSE Nifty was quoting 81.10 points, or 0.91%, down at 8,844.20.
Infosys was the top laggard in the Sensex pack, shedding up to 4 per cent, followed by Kotak Bank, Hero MotoCorp, Tech Mahindra, Titan and Axis Bank.
On the other hand, L&T, PowerGrid, Sun Pharma,
In the previous session, the BSE barometer ended 310.21 points or 1.01 per cent lower at 30,379.81, and the Nifty settled 68.55 points, or 0.76 per cent, down at 8,925.30.
Foreign portfolio investors (FPIs) were net buyers in the capital market in the last trading session, as they bought equity shares worth Rs 1,358.66 crore, according to provisional exchange data.
According to traders, tepid start to the earnings season with weak results from
The IT major posted 6 per cent decline in net profit for March quarter that was battered by the fallout of Covid-19, and said it will not provide revenue forecast for the current quarter due to business uncertainty caused by the pandemic.
The company's shares were trading 0.48% lower from their previous close.
The BSE IT index was the worst hit, falling over 2%.
Further, investors across the world are jittery over the economic outlook marred by mounting Covid-19 infections, they said.
The death toll due to Covid-19 rose to 414, while the number of cases in the country climbed to 12,380.
Global tally of the infections has crossed 20 lakh, with over 1.3 lakh deaths.
Meanwhile, bourses in Shanghai,
Stock exchanges on Wall Street ended significantly lower in overnight trade.
Brent crude futures, the global oil benchmark, rose 1.66 per cent to USD 28.15 per barrel.
List of coronavirus hotspot in Telangana
List of coronavirus hotspot in mumbai
List of coronavirus hotspot in Karnataka
List of coronavirus hotspot in Andhra Pradesh
Coronavirus cases in India state wise
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