Sensex tumbles 1,300 pts, Nifty below 14,300


Published On: Monday, April 19, 2021 | By:

Sensex tumbles 1,300 pts, Nifty below 14,300

The Indian benchmark indices slid over 2 percent in today's(19th April 2021) early deals as India continued to report a record spike in daily Covid-19 cases. India recorded over 2.75 lakh new Covid cases in the last 24 hours, as per Worldometer. The S&P BSE Sensex traded around 47,490 levels, down 1,300 points, and the Nifty50 index fell below the 14,300-mark. IndusInd Bank fell 5 percent and was the top Sensex laggard, followed by State Bank of India, Bajaj Auto, Bajaj Fiannce, and ICICI Bank (down 4% each). The Nifty sectoral indices were painted red, with the Nifty PSU Bank index, down 4.7 percent, bleeding the most. In the broader markets, the S&P BSE MidCap and SmallCap indices fell 2.8 percent, each. ACC, ICICI Prudential Life Insurance Company, Bajaj Consumer Care, CRISIL, Agio Paper & Industries, Pratik Panels, Response Informatics, and Sri Chakra Cement will release quarterly numbers on Monday.

Shares of Macrotech Developers will list on the bourses today. The IPO that ran between April 7-9 was subscribed 1.36 times. The issue price has been fixed at Rs 486 per share.

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