On Wednesday, Sensex closed down 173 points amid concerns related to the Kovid-19 pandemic. During the day’s trading, due to the developments related to coronavirus, the stock markets witnessed a lot of ups and downs. During the day’s trading, the Sensex rose by 1,300 points at one time to reach 31,227.97.
‘Corona’ hurts economy, unemployment rate rises to 23 percent
During the trading time, the Sensex saw a downward trend and closed at 29,893.96 points, down by 173.25 points or 0.58 per cent. Similarly, NSE Nifty lost 43.45 points or 0.49 per cent to end at 8,748.75 points.
Market recovers from Corona hit, business is fierce today
TCS suffered the most on Sensex. Shares of the company fell by three percent. Apart from this, shares of Titan, ICICI Bank, SBI, ITC and Bharti Airtel also closed with red marks. On the other hand, shares of Sun Pharma, NTPC, IndusInd Bank and Bajaj Finance saw an increase.
Crisis on jobs deepens in India, 30 percent people will be unemployed due to lock down
