MARKET LIVE: Sensex tumbles 400 pts as coronavirus cases in India pile up

Joseph B. Hash

Benchmark indices ended up trading more than a for each cent reduced on Wednesday, dragged down by marketing in banking companies and metallic counters, as Union Overall health Minister Severe Vardhan on Wednesday explained the number of confirmed Coronavirus circumstances in India have risen to 28. Examine A lot more

The S&P BSE Sensex was down 431 details, or for each cent, at 38,one hundred ninety levels. Tata Metal (down five{ae9868201ea352e02dded42c9f03788806ac4deebecf3e725332939dc9b357ad}) and IndusInd Lender (down 3{ae9868201ea352e02dded42c9f03788806ac4deebecf3e725332939dc9b357ad}) ended up the major laggards in the Sensex pack. On the other hand, Sunshine Pharma was up 3 for each cent.

The broader Nifty50 index hovered all-around 11,a hundred and seventy, down a hundred thirty details, or one.16 for each cent. The Nifty sectoral indices ended up trading mostly in the red. Nifty PSU Lender, Nifty Private Lender, Nifty Lender indexes (all down one.4 for each cent every) bled the most.

In the broader marketplace, the S&P BSE MidCap index tumbled 254 details, or one.seventy two for each cent, and the S&P BSE SmallCap index was down 184 details, or one.3 for each cent.

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