- Markets plunge on Covid-19 fears; Rs 5 trn investor wealth wiped off
- 125 stocks from BSE500 index hit 52-week lows; 14 stocks touch new lows
- ONGC's m-cap slips below Rs 1 trn-mark after 15 years on oil price crash
- HPCL, BPCL surge up to 13%; RIL slumps 8% as Brent Crude hits 20-yr low
- YES Bank stock gains 40% in early trade as SBI to pick 49% stake in bank
- Axis Bank, BoB, HDFC Bank, ICICI Bank: Banking stocks that look oversold
- YES Bank rescue plan: How brokerages have interpreted the proposals
- With markets on a downtrend, it is time to take some contrarian bets
- YES Bank's Rs 10,800 crore bonds could soon turn into wastepaper
- Market Ahead, March 9: Top factors that could guide markets this week
MARKET LIVE: Sensex tanks 1,600 pts, Nifty at 15-month low; RIL slides 9%
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SI Reporter |
Last Updated at March 9, 2020 12:36 IST
EVENT HIGHLIGHTS
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (Photo: Kamlesh Pednekar)
Benchmark indices were trading over 4 per cent lower on Monday as investor sentiment remained subdued amid the rapid spread of novel coronavirus across the world and developments at YES Bank.
The S&P BSE Sensex was down 1,634 points, or 4.35 per cent, at 35,942 levels. ONGC (down 11%), Reliance Industries (down 8%), IndusInd Bank (down 7%), and Tata Steel (down 6%) were the top laggards in the Sensex pack.
The broader Nifty50 index slipped below the 10,550 levels, down 444 points, or 4.05 per cent. All the Nifty sectoral indices were in the red. Nifty Metal index, down 4 per cent, bled the most.
In the broader market, the S&P BSE MidCap index was down 476 points, or 3.35 per cent, and the S&P BSE SmallCap index dipped 466 points, or 3.5 per cent.
The broader Nifty50 index slipped below the 10,550 levels, down 444 points, or 4.05 per cent. All the Nifty sectoral indices were in the red. Nifty Metal index, down 4 per cent, bled the most.
In the broader market, the S&P BSE MidCap index was down 476 points, or 3.35 per cent, and the S&P BSE SmallCap index dipped 466 points, or 3.5 per cent.
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