Daily Mail India

Lockdown 4.0: Sensex surrenders early gains, ends 63 points lower – News 24

Mumbai: Equity benchmark Sensex gave up all of the day’s positive aspects to finish 63 points lower on Tuesday.

As spiking variety of COVID-19 circumstances within the nation created an uncertainty about lockdown measures going forward.

After rallying 414.11 points in the course of the day, the 30-share index declined 63.29 points or 0.21 per cent to 30,609.30.

Similarly, NSE Nifty ended 10.20 points or 0.11 per cent down at 9,029.05.

Bharti Airtel was the highest loser within the Sensex pack, plunging round 6 per cent, adopted by TCS, Bajaj Finance, Sun Pharma, Tech Mhindra, Infosys and Hero MotoCorp.

On the opposite hand, Titan, Ultratech Cement, IndusInd Bank, Nestle India and ITC have been among the many gainers.

“After opening up by more than 1 per cent, benchmark indices pared gains to close flat, with a negative bias. However, global market cues were positive, on the back of additional stimulus measures and slow reopening of economies globally,” Vinod Nair, Head of Research at Geojit Financial Services, stated.

The unabated rise of infections continues in India, which throws up additional uncertainties close to extension of lockdown measures, he added.

The variety of coronavirus circumstances in India climbed to 1,45,380 and the demise toll touched 4,167, as per well being ministry information.

Globally, the variety of circumstances linked to the illness has crossed 54.95 lakh.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul ended considerably greater.

Stock exchanges in Europe too rallied as much as 1.76 per cent in early offers.

International oil benchmark Brent crude futures have been buying and selling 1.58 per cent greater at USD 36.09 per barrel.

On the forex entrance, the rupee appreciated 29 paise to shut at 75.66 towards the US greenback.

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