New Delhi: In the second phase of the lockdown, the stock market seems to be slow trading today amid the increasing coronavirus cases. Sun-shade is playing in the market since morning. The 30-share Sensex based on the Bombay Stock Exchange (BSE) Sensex is trading 145 points down at 30,234.
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There is also a slow atmosphere in other markets. The Nifty, a sensitive index based on 50 shares of the National Stock Exchange (NSE), is also trading at 9,335, having dropped 21 points. According to experts, due to increasing cases of coronavirus infection and the extension of the countrywide lockdown period to 3 May, there was an atmosphere of uncertainty in the market due to which the business trend was relaxed. Earlier on Wednesday, the BSE Midcap and Small Cap indices closed strongly.
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The midcap index gained 148.42 points, or 1.32 per cent, to 11416.50 from the previous session, while the Small-Cap index closed 120,6 points, or 1.17 per cent, at 10,366.53. Out of 30 Sensex stocks, 12 stocks remained strong while 18 stocks closed down. The five fastest-growing stocks were Hindustan Lever (6.07 per cent), HCLTech (4.44 per cent), ITC (4.29 per cent), Nestleindia (4.27 per cent) and UltraTech Cement (3.88 per cent).
