Markets end in red as Sensex closes 1,359.30 points lower; Nifty down 371 points
Lockdown: BSE Brokers' Forum praises market participants for smooth functioning of capital markets
BSE Brokers' Forum on Monday lauded the efforts of market participants as they brave the risk of their health and the inconvenience of travel, amid the nationwide lockdown, to ensure smooth functioning of the country's capital markets.
Sensex down by 1,300 points, Nifty trading at 8,300 levels
Asian markets mostly down as coronavirus fears grow
Asian markets fell on Monday following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection and death rate of the coronavirus.
Rupee is 67 paise down At 75.56 against US Dollar
Rupee trading at Rs 75.53 vs US Dollar
Sensex continues to remain below 29,000-mark, down 953.76 points; Nifty at 8,405
Sensex spirals further downwards, now at 28,801.07 down 1014.52 points or 3,4%, Nifty at 8,398
Down, 9.5% Bajaj Finance is the biggest loser on BSE Sensex. The stock has now lost 53% from its life-highs in mid-January.
Indices extend losses, Sensex at 28,896.49 down 919.10 points, Nifty at 8,413.
Rupee at 75.33, 44 paise lower as outflows continue
SENSEX tanks by 846.82 to 28968.77 NIFTY down by 234.6 pts to 8425.65
Sensex at 29,145.28 down 670.31 points, 2.25%, Nifty at 8,484, down 175 points
Cabinet Secy says India doesn't plan to extend lockdown
Bajaj Finance was the biggest loser among stocks on the Nifty blue-chip index, tumbling 9.8%, followed by automaker Mahindra and Mahindra, which fell 6.3%.
Auto, financials biggest losers
In the domestic market, the Nifty auto index shed 3.85% and was the biggest loser among sectors, followed by the Nifty metals index, which fell 3.4%.
Banks and financial stocks were also among the biggest drags, with their main sub-indexes falling 2.26% and 2.96%, respectively.
Indian rupee opened lower
The Indianrupeewas 0.5% weaker against the dollar at 75.165, compared to its previous close of 74.81.
Indices extend recovery, Sensex at 29,407.16 down 408.43 points, Nifty 50 at 8,555
Auto, realty worst hit on Nifty
Sensex at 29,137.05 down 678.54, Nifty tests 8,500 before sliding down to 8,468
Sensex showing signs of recovery, at 29330.64 down by 484.95, NIFTY 50 at 8526.70 down by 133.55
Indices pare losses from opening, Sensex now at 29,218.25 down 597.34 points or 2% and Nifty at 8,496
Markets tread in red as Sensex stands at 28,856.62 down 958.97 pts or 3.22%, Nifty at 8,413
Down by 10%, IndusInd Bank continues to be top loser on BSE Sensex
Sensex down 600 points in pre-open, Nifty below 8,400
SGX Nifty down around 2.5% indicating Sensex, Nifty likely to open in red today
Gold sees brighter morning
Gold prices edged up on Monday as the US dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion.
Russia, Saudi Arabia not in talks to balance oil prices despite US intervention
The oilmarketshave been slammed by demand destruction caused by the coronavirus pandemic and the Saudi Arabia-Russia price war that is floodingmarketswith extra supply.
Saudi Arabia said on Friday it was not in talks with Russia to balance oilmarketsdespite rising pressure from Washington to stop a price rout amid the coronavirus pandemic. A senior Russian official had said prior to that on Friday that a larger number of oil producers could cooperate with OPEC and Russia to support prices.
Oil lowest since 2002
Crude oil benchmarks fell sharply on Monday, with Brent hitting its lowest since November 2002, as theglobalcoronavirus pandemic worsened and the Saudi Arabia-Russia price war showed no signs of abating.
Central banks make efforts to boost stimulus
China on Monday became the latest to add stimulus with a cut of 20 basis points in a key repo rate.
Singapore also eased as the city-state's bellwether economy braced for a deep recession, while New Zealand's central bank said it would take corporate debt as collateral for loans.
JP Morgan downgrades global GDP
They now predictglobalGDP could fall at a 10.5% annualised rate in the first half of the year.
Asian shares slide
Asian shares slid on Monday and oil prices took another tumble as fears mounted that theglobalshutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts.
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