Equity benchmark Sensex dropped over 200 points on Monday.
The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
Similarly, the broader NSE Nifty slipped 66.75 points or 0.49 per cent to 13,693.80.
Mumbai: Equity benchmark Sensex dropped over 200 points on Monday, tracking weak cues from global markets amid concerns over a new strain of the virus leading to fresh restrictions in European countries.
The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
Similarly, the broader NSE Nifty slipped 66.75 points or 0.49 per cent to 13,693.80.
M&M was the top laggard in the Sensex pack,
Sensex Tanks 1,407 Pts As New Covid-19 Strain In UK Triggers Global Selloff
The Indian market was among the worst performers as profit-booking also took place at higher levels.
PTI 21 December 2020 Representational Image/PTI PTI 2020-12-21T10:08:54+05:30 Sensex Tanks 1,407 Pts As New Covid-19 Strain In UK Triggers Global Selloff outlookindia.com 2020-12-21T16:09:59+05:30
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Equity benchmark Sensex plummeted 1,407 points on Monday as panic over a new strain of coronavirus in the UK led to a massive selloff in global equities.
The 30-share BSE index plunged 1,406.73 points or 3 per cent to close at 45,553.96. The broader NSE Nifty crashed 432.15 points or 3.14 per cent to 13,328.40.
When the Covid-19 pandemic came knocking on our doors in March and it was a sea of red at the bourses, barely anyone would have envisaged that the market rebound would be as prominent as this. In what has been mostly a one-way rally from March lows, BSE Sensex has moved from 25,600 levels to top the 47,000-mark as recently as Friday, which translates into a rally of over 80%. NSE s Nifty performance has been equally impressive with the index just 250 points shy of 14,000. Massive liquidity following central banks actions, impressive retail participation, green shoots in the economy, foreign capital inflow and the developments on vaccine front all have come to the aid of the market bulls.
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Share Market Highlights: Sensex ends 1,406 points lower, Nifty at 13,328; Nestle, HUL, Infosys top losers
India Stock Market Highlights Today: Global equities were bearish today as coronavirus infections increased in parts of North Asia, such as Japan and South Korea, and weighed on investor sentiment. European countries have banned flights from the UK as the British government began emergency lockdown on Sunday, over fear of new virus strain.
BusinessToday.In | December 21, 2020 | Updated 16:57 IST
Share Market Highlights: Here s a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Highlights on December 21: Equity indices fell 3% each on Monday and closed sharply lower, in line with globally weak equities amid rising coronavirus cases and concerns over fresh rounds of lockdown. Reversing trend from 6 days of consecutive gains, Sensex fell by 1,406 points to 45,553 and Nifty ended 432 points lower at 13,328. Global equities were bearish today as
New investors flock to lesser-known scrips
December 21, 2020
Actively-traded stocks top 3,500 on BSE
The record-shattering bull run in the stock market has not only pushed the key indices to their life-time highs but also widened the ambit of actively-traded stocks. Entry of new investors and existing traders, who look for better returns, are exploring newer and less-exposed stocks.
According to BSE data, of the total universe of listed scrips , the number of actively-traded stocks has constantly gone up over the last few months. From about 2,900 stocks in April 2019, the number of actively-traded stocks has gone up to 3,300 in August 2020 and further to 3,527 stocks in December.