Share Market Today: Coronavirus continues to impact Indian stock market. On Monday, the Sensex and Nifty fell in pre-opening. At 9.16, the Sensex lost 1555 points to 32,486, while the Nifty dropped 435 points to settle at 9520.
At the same time at 9.40, the Sensex declined to 1961 (32,125 points). The Nifty was also down 557 points at 9397. After this, at around 11.30, the stock market saw a huge decline, when the Sensex fell 2500 points.
Earlier on Friday, the Indian stock market saw tremendous fluctuations. The lower circuit was set up after a 3100-point drop when trading commenced on Friday morning.
The market made a tremendous comeback when the business started around 1 hour later. The Sensex had ended with a gain of 1325 points in the last.
The government has shown all-round action to save the stock market and economy in crisis due to Coronavirus.
Finance Minister Nirmala Sitharaman had said on Friday that the Reserve Bank of India (RBI) is constantly monitoring the global and Indian stock markets. Efforts are being made by various ministries to revive the crisis-prone industry and the concerned departments are in constant touch with the industry.
Daily meetings are being held with them and efforts are being made to normalize the situation.