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Sensex closes 870 points lower as record Covid-19 cases, Maharashtra lockdown roil investor sentiment


Sensex closes 870 points lower as record Covid-19 cases, Maharashtra lockdown roil investor sentiment
The crash came despite healthy gains in global markets especially in the US. Sensex closed 870 points lower at 49,159 and Nifty lost 229 points to 14,637
BusinessToday.In | April 5, 2021 | Updated 18:50 IST
Sentiment on Dalal Street was also affected after the Maharashtra government imposed a night curfew in the state from 8 pm to 7 am from today.
Rising cases of coronavirus across the country and a partial lockdown in Maharashtra roiled the Indian equity market today. The crash came despite healthy gains in global markets especially in the US. Sensex closed 870 points lower at 49,159 and Nifty lost 229 points to 14,637. ....

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Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy


Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy
Moneycontrol
12 hours ago
Sunil Matkar
© Nishant Kumar
Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy
The market clocked more than 2 percent gains in a truncated week driven by positive global cues and $2.3-tillion infrastructure package announced by the US President Joe Biden. Strong auto sales numbers and healthy buying across sectors supported the market, but the rising coronavirus infections limited the upside.
The BSE Sensex rallied 1,021.33 points, or 2.08 percent, to 50,029.83, and the Nifty50 climbed 360.05 points, or 2.48 percent, to 14,867.35, while the broader markets outpaced frontline indices. The BSE Midcap index was up 2.73 percent and the Smallcap index gained 3.91 percent. ....

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