Taking Stock: COVID-19, selloff in financials weigh on D-St: Nifty holds 8000 levels

Episode 2373,   Apr 03, 2020, 12:02 PM

A sharp rise in cases infected from COVID-19 virus now crosses 1 million across the world and relentless selling by institutional investors across the board on Friday weighed on sentiment. The S&P BSE Sensex plunged more than 600 points while the Nifty50 held on to the crucial support of 8000 levels.

Let’s look at the final tally on D-Street – the S&P BSE Sensex plunged 674 points to 27,590, while the Nifty50 was down by 170 points to close at 8083. Indian market will remain shut on Monday on account of a public holiday.