New Delhi: The outbreak of the Corona virus in China and along with it the fear of recession by many agencies has started to affect the stock market. As soon as the market opened on Friday, investors lost about 5 lakh crore rupees in just minutes. During the beginning, the Sensex (BSE Sensex) has broken 1136 points to open at 38,616.
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The Nifty 50 index is trading at 11293 levels by dropping 340 points. 50 Nifty indices are trading in red marks. Today, not a single stock of Nifty 50 has appeared in the green mark today. The selling pressure has increased in markets across the world. There is also a problem in the domestic stock market. In just a few minutes, about 5 lakh crore rupees of the investors of BSE were destroyed. Experts say that due to Corona virus infection in China, markets all over the world are being affected.
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On the other hand, if the shares are talked about, then the shares of big players TCS, RIL, HDFC, and Infosys have fallen from 2.5% to 3.5%. Along with this, stocks of Bajaj Finance and Tech Mahindra are seeing a decline from 4 percent to 5 percent.