Sensex nosedives to over 1,400 points; rising COVID cases to impact markets through week
PTI The markets will continue with the downward trend today and possibly this week with the rising number of COVID cases in Maharashtra and also the possiblility of a second lockdown, according to stock market experts. The 30-share BSE benchmark Sensex was trading 1,189.83 points lower at 47,642.20, and the broader NSE Nifty was down 340.60 points at 14,277.25.Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 437.51 crore on Friday, according to exchange data. Ajay Kejriwal, Head--Broking and Distribution vertical, Choice Group, said thou...