Mint Evening Market Wrap artwork

12.04.2021 | Markets skid over 3% on lockdown fears as covid cases rise

Mint Evening Market Wrap

English - April 12, 2021 12:50 - 4 minutes - 3.76 MB
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Previous Episode: 07.04.2021 | Sensex rallies 460 points, Nifty reclaims 14800 after RBI holds rate
Next Episode: 13.04.2021 | Markets rebound as govt fastens approval for foreign vaccines

Indian benchmark equity indices fell sharply by over 3% on Monday, the sharpest single-day decline since 26 February. Markets went into a tailspin, dropping a whopping 1,707.94 points due to a possibility of lockdown in Maharashtra state as rise in covid cases made investors jittery. The BSE Sensex ended at 47,883.38, down 1707.94 points or 3.44%. The 50-share index Nifty was at 14,310.80, down 524.05 or 3.53%.