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About 504 shares have advanced, 1470 shares declined, and 94
shares are unchanged.
Coronavirus the outbreak is fast developing into a pandemic and that has
unnerved investors as
the Indian stock market has fallen for the fifth consecutive day.
Sensex is
down 382.37 points or 0.96 percent at 39506.59, and the Nifty shed
115 points and
is trading at 11563.50.
All sectoral
indices are trading in the red with the metal index falling the most, down over 2%. The top losers included JSW Steel after Fitch revised the
outlook on the company
to ‘negative’ from ‘stable’.
The other
losers included Jindal Steel & Power, NALCO, Tata Steel, SAIL, Ratnamani Metals, NMDC
and Hindustan Copper.
Realty
stocks are also under pressure as stocks like Godrej Properties, Prestige Estates,
Indiabulls Real Estate and Phoenix Mills falling 3-4% each. The other losers
included DLF, Sobha and Sunteck Realty.
Nifty Media
shed over 2 percent with Jagaran Prakashan falling over 5% followed by
PVR, Sun TV Network, Zee Media, Inox Leisure, Hathway Cable, Dish TV &
Network18.
India
VIX spiked 3.12 percent and was trading
at 18.83 level.
VIX spiked 3.12 percent and was trading
at 18.83 level.
The top
gainers from Nifty are YES Bank, Titan Company, Sun Pharma, Kotak Mahindra
Bank and Asian Paints while the top losers included JSW Steel, ONGC, Wipro, Cipla
and Mahindra & Mahindra.
The most
active stocks included State Bank of India, HDFC Bank, Reliance Industries, Indiabulls
Housing Finance and ICICI Bank.
48 stocks
hit a new 52-week high on BSE including White Organic Retail, Fairchem Specialty,
Suven Life Sciences, Aarti Drugs, IOL Chemicals, Neogen Chemicals, and Uttam Value
Steel among others.
243 stocks
hit a 52-week low on BSE including Future Consumer, Mahindra CIE Automotive,
Gujarat Pipavav, GE T&D India, Finolex Cables, Oil India, Tata Power, NBCC,
Engineers India, BHEL, LIC Housing Finance, PNB and Syndicate Bank among
About 504
shares have advanced, 1470 shares declined, and 94 shares are unchanged.
Disclosure: Reliance
Industries Ltd. is the sole beneficiary of Independent Media Trust which
controls Network18 Media & Investments Ltd.
Industries Ltd. is the sole beneficiary of Independent Media Trust which
controls Network18 Media & Investments Ltd.
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Image and article originally from the-grs-solution.blogspot.com. Read the original article here.