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In between
some one or two days recovery was
seen, rest days when the stock market is
tired of sliding then takes rest. The bigger fall started around 25th or 26th
of Feb, and there is no stopping since.
The cause is common, unique, whole world is scared of that, that is
CORONA VIRUS !!! The impact of Coronavirus, the Yes Bank crisis and the fall in
crude oil prices by up to 30 %, led to the three worst figures in stock market
history on Monday.Today was the biggest drop in
Sensex today in the history of 145 years. Sensex was down 1941 points to
close at 35634 at the end of trading & the Nifty lost 538 points &
closed at 10451 points. The Nifty is also not far behind. Nifty fell 14% in two
months. In stocks also Reliance’s biggest loss in 12 years, Reliance shares saw
a decline of around 13%. Reliance alone lost 500 points to the Sensex while SBI
stock price slipped 6% in intraday & manufacturing industries like pharma,
automobile, smart phones have been also affected.
TOP
GAINERS -YESBANK,BPCL,INFRATEL, EICHERMO
TOP LOSERS-ONGC,VEDL,RELIANCE, ZEEL, INDUSINDBK
TOP LOSERS-ONGC,VEDL,RELIANCE, ZEEL, INDUSINDBK