Sensex Falls More than 1400 Pts Over Renewed Fears Nations Impose Fresh Curbs New Variant Seen in Israel rp

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Mumbai, November 26: The emergence of a new variant of the corona virus has shocked not only the world but also the stock market. Today, the Sensex is down nearly 1400 points and the Nifty is down nearly 300 points. Only pharmaceutical stocks are seen in the green zone in the Nifty. Market analysts attributed the decline to a new variant of the Covid-19 in some countries, including South Africa. A new strain of the corona virus has caused flights to many countries, including Britain and Israel, to be canceled, prompting the government in India to warn states to be cautious. According to experts, there are many international reasons behind the decline in India’s share market. The first is the re-emergence of the corona virus, the second is the fall in crude oil, the third is the breakdown in metals and economic benchmarks, and finally the loss in the Asian market is affecting the Indian stock market. The Sensex fell in the opening session before the stock market opened on Friday. When the market started, it dropped by about 720 points. The market continued to decline in the morning trade, falling by 1422 points at 11 o’clock. In the morning trade, out of 30 companies included in the Sensex, only Drs. Shares of Reddy remained in the green zone, while shares of Maruti Suzuki reported the biggest decline of around 2.5%. Titan’s stock fell another 3.92 percent. Read this – New variant of Corona infiltrates Israel, most at risk to youth

The Nifty was down as well as the Nifty index of the national stock market was bad. The Nifty also started weakening and opened with a fall of around 250 points, while it closed at 17,536.25 points on Thursday. The Nifty fell to 430 points in the morning trade. Out of the 50 companies included in the morning Nifty, Cipla is trading with the highest gain of 1.43 per cent. The rest of the doctors are in Reddy’s and Sun Pharma Green Zones.

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