The S&P BSE Sensex and NSE Nifty 50 indexes ended decrease in commerce on Monday as rising coronavirus instances dampened investor sentiment. The benchmarks staged a spot down opening whereby the Sensex fell over 500 factors and Nifty 50 index touched an intraday low of 10,223.60. The benchmarks nonetheless got here off intraday lows in midday buying and selling as features in ITC and HFGC Bank and Kotak Mahindra Bank stored the draw back below test.
The Sensex ended 210 factors decrease at 34,961.52 and Nifty fell 71 factors to shut at 10,312.
India’s coronavirus tally surged to five,48,318 instances as we speak as 19,459 new infections had been reported within the final 24 hours, the Health Ministry mentioned. The nation additionally witnessed 380 COVID-19 associated deaths in a single day, taking the whole variety of sufferers who’ve died to date to 16,475. This is the sixth consecutive day that greater than 15,000 recent instances have been recorded in a interval of 24 hours.
Meanwhile, all of the 11 sector gauges barring the index of FMCG shares ended decrease led by Nifty Realty index’s 3.5 per cent fall. Nifty PSU Bank, Metal, Media, Auto and Banking sector gauges additionally ended on a weak be aware.
Mid- and small-cap shares additionally witnessed promoting strain because the Nifty Midcap 100 index fell 1.6 per cent and Nifty Smallcap 100 index declined 1.Four per cent.
Coal India fell 5 per cent to shut at Rs 135 after its internet revenue dropped 23 per cent in March quarter to Rs 4,626 crore. Axis Bank, Tech Mahindra, Hindalco, State Bank of India, Wipro, BPCL, Larsen & Toubro, Zee Entertainment, Infosys and Indian Oil had been additionally among the many losers.
On the flipside, Britannia Industries, HDFC Bank, Cipla, Kotak Mahindra Bank, ITC and Hindustan Unilever had been among the many notable gainers.
The general market breadth was adverse as 1,641 shares closed decrease whereas 1,144 ended greater on the BSE.