Domestic Equity Market ended lower on Thursday as a record number of new COVID-19 infections in parts of Europe spooked investors across the globe.
The BSE Sensex plunged 1,066.33 points or 2.61 per cent to end the day at 39,728.41 levels.1 out of 30 stocks were in advance while 29 stocks were in decline. It touched intraday high of 41,048.05 and low of 39,667.47.
The NSE's Nifty settled at 11,680.35 levels, down 290.70 points, or 2.43 per cent.3 out of 50 stocks were in advance while 47 stocks were in decline. It touched intraday high of 12,025.45 and low of 11,661.30.
On Sectoral Front, All the sectoral Indexes were in red. Bank Index bleed the most with a loss of 3.36% followed IT, Media, Realty, Energy, Pharma, Auto, FMCG, Metal Indexes were having loss of 2.87%, 2.81%, 2.38%,2.00%,1.85%, 1.19%, 1.05%, 0.49% respectively.
On BSE, Asian Paint was the only gainer with a gain of 0.87% while shares of Bajaj Finance ,Tech Mahindra,IndusInd Bank,ICICI Bank,SBI,Reliance,Bharti Airtel were the top losers with a loss of 4.68%,4.32%, 3.94%, 3.91%, 3.60%, 3.58%, 3.44% respectively.
On NSE, Shares of Asian Paints ,JSW Steel, Coal India were the gainers with a gain of 0.41%,0.17%,0.05% respectively while shares of Bajaj Finance, Tech Mahindra, ICICI Bank ,IndusInd Bank, Reliance ,SBI,HDFC Bank ,Bharti Airtel, Kotak Bank were the top losers with a loss of 4.98%, 4.43%, 4.07%,3.93%, 3.68%, 3.62%, 3.62%, 3.54%, 3.47%, 3.42% respectively.
Asian stocks traded lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential election faded.
European stocks fell sharply on Thursday as hopes that a U.S. stimulus package would be agreed before the November election waned, and as public health restrictions returned across Europe due to a surge in coronavirus infections.
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