Investor trepidation; The Sensex fell 5 points

Investors made strong sales in the market on Monday morning after rising numbers of people infected with the Coronavirus in India. The Sensex of the Mumbai stock market fell by eight points. The Nifty fell by more than 5 times. In this, investors have lost Rs 2 lakh crore.

Investor

MUMBAI: Investors in the Indian market on Monday morning after a surge in the number of people infected with the Coronavirus in India, the Sensex of the Mumbai stock market fell by eight points. The Nifty fell by more than 5 times. In this, investors have lost Rs 2 lakh crore.

The stock market was down 5 points on Friday. Therefore, trading was stopped for 5 minutes. Market regulators decided to close the transaction as the index reached the ‘lower circuit’. After an hour’s rest, the market was well-rested. At the close of the market, the Sensex rose by 6.5 points (8.2 percent) to end at the level of 5.7. The National Stock Exchange index (Nifty) slipped by 9.1 points in the morning to touch the 5.6 level. However, the Nifty rose by 5.8 points to end at 9,19.9 at the close of the market. Corona has hit all of Asia’s capital markets. Capital markets in Thailand, South Korea, and the Philippines have fallen dramatically in the past few days. Its downfall has spread to the Indian market.

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