Market recovers from fear of Corona, Sensex-Nifty rise
Market recovers from fear of Corona, Sensex-Nifty rise
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New Delhi: Due to international positive signs, the fear of coronavirus has decreased in the stock markets around the world. Due to this, the Indian stock market also appeared in the green mark on Tuesday. The Bombay Stock Exchange (BSE) Sensex opened with a gain of 336 points at 38,480.89. By 9.23 am, the Sensex rose by 571 points to reach 38,715.

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Similarly, the National Stock Exchange (NSE) Nifty gained 85 points to open at 11,217. In a short time, the Nifty gained 180 points to reach 11,312.65. It is noteworthy that the central banks of many countries of the world are taking policy initiatives to deal with the effects of the coronavirus. For this reason, there was a sharp rise in the stock markets on Monday, but after the news of Corona Vicar cases being found positive in India in the afternoon, the stock market suddenly collapsed and finally closed with the Sensex-Nifty fall.

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Last week, the stock markets of the world have lost more than $ 5 trillion due to the fear of Corona. Due to this, the stock markets had fallen the most in a decade. After the huge loss to the financial markets, the US central bank, Federal Reserve, Bank of Japan and Reserve Bank of Australia are trying to take policy steps.

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