Closing Bell: Market Slips 162 points, Sensex ends below 41K, Nifty at 12031.50


Published On: Monday, February 10, 2020 | By:

Closing Bell: Market Slips 162 points, Sensex ends below 41K, Nifty at 12031.50

For the second consecutive day, domestic stocks ended lower on Monday as uncertainties around coronavirus weighed on investor sentiment. The number of deaths from China's new virus epidemic jumped to 902 after the hardest-hit province of Hubei reported 91 new fatalities. The S&P BSE Sensex declined 162 points to end at 40,980. The Nifty was down 66.90 points at 12031.50. About 976 shares have advanced, 1518 shares declined, and 166 shares are unchanged. Metal stocks such as Tata Steel, Vedanta, SAIL, National Aluminium Company, (NALCO), and MOIL witnessed heavy selling after China’s metal association on Friday said that the country's nonferrous metal output will fall at least 10 per cent YoY in February owing to coronavirus.

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