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Nifty, Sensex Slip As Virus Cases Surge
The NSE Nifty 50 index fell 0.64% to 10,316.75 by 0348 GMT, while the benchmark S&P BSE Sensex \ was down 0.7% at 34,923.68.
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Indian shares fell on Monday, led by financial stocks, as a jump in coronavirus cases threatened the reopening of the economy, dimming hopes of a quick recovery.
The NSE Nifty 50 index fell 0.64% to 10,316.75 by 0348 GMT, while the benchmark S&P BSE Sensex \ was down 0.7% at 34,923.68.
Cases in the world's second most populous country jumped by a record 19,459 to 548,318 as of Monday morning, with the death toll rising to 16,475, according to latest federal health ministry data.
The global death toll reached half a million people on Sunday, according to a Reuters tally.
Indian media reported that Maharashtra, home to India's financial capital Mumbai, was set to extend for a month the lockdown to contain the spread of the virus.
(Reuters)