HomeMarket NewsStocks NewsMarket falls as selloff continues; Sensex declines over 800 points, Nifty below 8,500

Market falls as selloff continues; Sensex declines over 800 points, Nifty below 8,500

The Indian market traded more than 2 percent lower on Monday as sell-off escalated amid worries over the rapid spread of coronavirus and its economic impact amidst the global shutdown.

Profile image

By CNBC-TV18 March 30, 2020, 12:09:08 PM IST (Updated)

Market falls as selloff continues; Sensex declines over 800 points, Nifty below 8,500
The Indian market traded more than 2 percent lower on Monday as sell-off escalated amid worries over the rapid spread of coronavirus and its economic impact amidst the global shutdown.


At 12:05 pm, the Sensex traded 2.84 percent or 845.95 points lower at 28,969.64, while the Nifty50 index plunged 217.85 points or 2.52 percent to  8,442.40.

Broader indices also dragged the markets with the Nifty Smallcap100 declining 1.50 percent and Nifty Midcap100 indexes falling 2.21 percent.

Among sectors, Nifty Auto, Nifty Realty and Nifty Financial Services fell more than 4 percent each followed by Nifty Private Bank and Nifty Metals declining more than 3 percent each. Nifty Pharma, Nifty FMCG and Nifty IT were trading in the green.

Bajaj Finance, HDFC, Eicher Motors, JSW Steel and Tata Steel led the decline among Nifty constituents while Tech Mahindra, Axis Bank, GAIL India, Cipla and BPCL were the top gainers.

Meanwhile, in Asia, shares slid on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies.



Catch all the latest updates from the stock market here.



(Disclaimer: CNBCTV18.com advises users to check with certified experts before taking any investment decisions.)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!