Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGIN

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Sensex Corrects Over 750 Points; Nifty Falls below 8,400-Mark
Wed, 1 Apr 10:30 am

Share markets in India have extended early losses tracking weakness in global peers, amid heightened worries of COVID-19 virus outbreak.

The BSE Sensex is trading down by 769 points, down 2.6%, while the NSE Nifty is trading down by 216 points.

Shares of Kotak Mahindra Bank plunged over 9%, while Tech Mahindra, Infosys, and Reliance Industries fell over 3%.

Except realty and auto stocks, all sectoral indices are trading in red with stocks in the banking sector, IT sector, and energy sector witnessing most of the selling pressure.

Global stock markets traded in red today, as investors' sentiments turned risk averse amid the rising cases of COVID-19 and tightened lockdowns across the world to combat the virus spread.

Equities elsewhere in Asia posted their biggest quarterly decline in more than a decade and crude oil prices continued to trade near lows last seen in 2002.

Here's some data from Apurva Sheth, editor of Breakout Profits...

Worst Quarter Ever for Sensex

Here's what Apurva wrote about the same...

  • Sensex ended first quarter of calendar year 2020 today at 29,468 down by 28.6%. This is the worst quarterly performance for the Sensex since 1992. The June quarter of 1992 ended with a cut of 28.1%. In 2008, the December quarter ended with a drop of 25%.

    We have broken all the past records and are living in an unprecedented environment. A lot could change in our lives once the crisis is over including the way you invest. Are you prepared for it?

To track such data on a daily basis and get our latest views on stock markets and more, you can join our Telegram channel here.

More details to follow in the upcoming commentary.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Sensex Corrects Over 750 Points; Nifty Falls below 8,400-Mark". Click here!

  
ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
TRENDING TOPICS
FREE NEWSLETTERS
EQUITYMASTER SUPPORTS
  • HelpYourNGO
  • You Tube
  • Linkedin
  • Twitter
  • Telegram
  • Google Play

Copyright © Equitymaster Agora Research Private Limited.

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Phone +91-9136015013

Equitymaster Agora Research Private Limited (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407

Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com

LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.