CORONAVIRUS HITS MARKET BULLS!!

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On monday market is still in strong decline. Along with the giants, small and medium stocks were also beaten. Oil-gas stocks have also fallen drastically. The Sensex is down 7.96% to close at 31390 today. At the same time, the Nifty has closed down by 7.60% at the level of 9199. Indusind Bank and RBL Bank fell sharply. Both shares have fallen 15% today. RBL Bank shares have fallen 5 times in the last 6 trading sessions. Its shares are trading at their all-time low. On the other hand,During this period indusind Bank shares have also fallen in 5 out of the last 6 trading sessions. 

Corona has shattered expectations of blockbuster listings of SBI Cards. SBI card listings was down by 13%. However, later recovery was also noticed. When the market opened today its lost 2000 points. This weakened the listing. SBI has issued 225 crore shares through the issue of the country's largest bank SBI card, the listing of shares is dependent on the market environment. The basic premise of SBI card is strong. According us of corona virus has not affected the sbi business yet. However, the March data will show the effect of the corona virus. The company's business model is strong and growth is excellent.

TOP GAINERS- YESBANK
TOP LOSERS-INDUSINDBNK,VEDL,TATASTEEL,HDFC,INFY,ZEEL