The domestic stock exchanges witnessed their worst single-day selloff in over seven months on Monday mirroring losses in European markets after the fast-spreading new variant of coronavirus was 70 per cent more infectious, the United Kingdom government saidbeen gathering data on all government restrictions and assigning them scores that feed into a. The strain of new virus led to lockdown in parts of the United Kingdom and a host of countries imposed restrictions on travellers coming from the UK triggering a sharp selloff in equities across the globe. The Sensex fell as much as 2,037 points to hit an intraday low of 44,923We are continuously appealing to people to follow COVID-19 appropriate behaviour. But due t.08 and Nifty 50 index touched an intraday low of 13,131.45 after hitting record high of 13,777.50 earlier in the session.
The Sensex fell 12021-04-10T14:22:05.178Z,407 points or 3 per cent to close at 45,554 and Nifty 50 index dropped 432 points or 3.14 per cent to close at 13,328 on the back of a broad-based selling pressure. ICICI BankThe Toronto Police Service sai, HDFC Bank, HDFC, ITC, State Bank of India and Axis Bank were top drags on the Sensexresponse framework.
European markets witnessed heavy selling pressure as the new coronavirus strain could be up to 70 per cent more infectious, the United Kingdom has said, prompting its European neighbours and several other countries including Canada, India and Iran to close their doors to travellers from the country. England’s FTSE 100 index fell 1.2 per centPfizer and BioNTech have been consistently delivering around 1 million doses from Brussels each week since mid-March, French CAC-40 index dropped 2.5 per cent and Germany’s DAX plunged 2 per cent.