New Delhi: The havoc of Corona has become very expensive for investors of the stock market on Monday. Due to the huge fall in the stock market, investors lost 10 lakh crore rupees in the first hour of trading. Significantly, due to Corona, the entire Asian market has sunk on Monday. After 10 o’clock on Monday, when the Sensex slipped 10%, ie 2991 points, to reach 26,924, after this, trading in both NSE and BSE was stopped.
Government can announce relief measures on Corona today
A lower circuit was put in place and trading was stopped for 1 hour. The market capitalization of companies listed on the BSE reduced from Rs 10,29,847 crore to Rs 1,05,79,296 crore in the first hour of trading before the lower circuit was set up at around 10 am in the Indian stock market. That is, in the first one hour of business, about 10 lakh crore rupees of investors were drowned.
Sensex falls sharply, Nifty closes at 7,610
Selling of all 30 stocks of BSE Sensex was seen and shares of Axis Bank, ICICI Bank, IndusInd Bank, Bajaj Finance fell by almost 20%. The indices of all sectors are trading in red mark and the decline is being led by banks, realty, finance sector. Shares of Reliance Industries, the country’s largest company, have also fallen by around 12% and TCS by about 6%.