Mumbai: Thursday's day is also proving to be terrifying for the Indian stock market due to Coronavirus. In fact, in the early trade, the Sensex fell more than 2000 points and came down to 26 thousand points. The Nifty also recorded a fall of more than 575 points. The Nifty reached 7,890 points with the loss.
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However, after two hours of trading, the market also recovered from a low level, but according to the stock market experts, this recovery is temporary. Experts say that selling at the end of the business can dominate. In the initial 15 minutes of trading, all the shares on the BSE index were trading in red mark. During this time Bajaj Finance, IndusInd Bank and HCL were the biggest losers. Due to the rumor, shares of IndusInd Bank fell by almost 33 percent during trading on Wednesday.
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During this period, the lowest loss stocks were Powergrid, Sun Pharma, NTPC, Infosys. The rupee hit a record low against the dollar. The rupee today opened 69 paise down at 74.95 against the dollar. The rupee closed at 74.26 on Wednesday.
