Equity benchmark Sensex tumbled 536 points on Friday, led by a selloff in financial and IT stocks as global markets slumped on mounting economic pressure of coronavirus-led lockdowns with no respite in sight.
About ₹8 lakh crore was added to investors' wealth on Tuesday as the Sensex posted its biggest one-day gain in percentage terms in over a decade
Delhi police cleared the protest site outside Jamia Millia Islamia (JMI) amid complete lockdown in the national capital on March 24.
Sensex opened around 500 points higher at 28,640.73 while Nifty was above 8,200 in the opening session on Friday. The indices, however, succumbed to profit-booking at higher levels as concerns remained over the rising cases of the novel coronavirus (Covid-19), traders said.
Sensex slipped by more than 500 points but recovered quickly currently at 31,819.73 while Nifty stands below 9,500 in the opening session on Tuesday.
In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove Yes Bank from all the S&P BSE indices with effect from this Friday, March 20.
SBI Cards IPO listing: Shares of SBI Cards and Payments -- SBI Card, one of the most-awaited IPO, are scheduled to debut on the bourses on Monday (today) i.e. on March 16. The initial public offering (IPO) was open for subscription between March 2 and March 5. The SBI Card IPO is expected to make a modest debut on the stock.
It was a terrible Thursday for Indian bourses as bears made an unprecedented comeback after the World Health Organisation (WHO) declared coronavirus a global pandemic and the United States suspended travel from Europe.
Share Market Crash: Share markets saw their biggest on-day fall on Thursday amid Coronavirus pandemic across the globe.
Market benchmark Sensex plunged 894 points on Friday following intensifying rout in global stocks on coronavirus concerns, while the regulatory curbs on Yes Bank further soured sentiment.
A sharp plunge in the equity market made investors poorer by Rs 3.85 lakh crore on Friday as the BSE barometer Sensex plummeted over 1,400 points led by massive selloff in banking, metal and energy stocks.
Leading stock exchanges BSE and NSE on Friday decided to drop Yes Bank from Futures and Options segment from May 29. The existing Futures and Options contracts across all expiries will expire on May 28.
The BSE Sensex trimmed some losses and was trading at 37,376.66, lower by 1,093.95 points or 2.84 per cent from the previous close of 38,470.61
Shares of 2,011 BSE-listed companies ended in the red on Friday, as benchmark indices plummeted to nearly five-month lows on rising fears of the coronavirus outbreak turning into a pandemic and derailing global growth
BSE-listed auto stocks plummeted nearly 9 per cent on Friday as supply chain disruptions due to coronavirus outbreak dented the outlook of the industry, which saw its worst-ever sales decline in two decades recently. BSE auto index fell 3.21 per cent with Tata Motors losing up to 8.93 per cent.
More than 1,700 BSE-listed stocks, mostly from the mid-cap and small-cap space, witnessed heavy selloff on Friday, as equity markets crashed amid rising fears of the coronavirus outbreak turning into a pandemic.
Equity indices clawed back lost ground on Wednesday after a four-session falling spree as investors took heart from a decline in new coronavirus cases in China and the Indian government's assurance on tackling the economic impact from the epidemic.