Market collapses again due to Corona, Sensex breaks 1300 points
Market collapses again due to Corona, Sensex breaks 1300 points
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Mumbai: The stock market opened with a rise on the third trading day of the week i.e. Wednesday. The market was in decline for the last several days. But today the Bombay Stock Exchange (BSE) main index Sensex opened at 31,069.84 with a strength of 490.75 points, or 1.60 percent. The National Stock Exchange (NSE) index Nifty opened at 9120.35 with a gain of 153.30 points, or 1.71 percent. By the time the news was written, the Sensex was trading at 29,204.89, losing 1,374.20.

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However, the stock market declined after that. Significantly, the number of coronavirus patients has reached 148 in the country and more than 5700 have been kept under surveillance. These include 122 Indians and 25 foreigners. While 14 patients have fully recovered, three people have lost their lives. The first case of the corona has also been reported in the Indian Army. This has led to a period of upheaval in the market for several days.

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Except for India, South Korea, and Russia, the rest of the world markets were recorded on Tuesday. Due to this, the domestic market was open on the rise today. The US market Dow Jones was up 1,048 points (5.20%) to end at 21,379.30. Similarly, the Nasdaq Composite was up 430 points at 7,334 and the S&P closed up 5.99 percent or 143 points at 2,529.17. But later the domestic market reached the red mark.

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