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     Prices as on May 12, 2021     
  ABB India 1403.5 [ 2.57% ]
  ACC 1883.3 [ -1.39% ]
  Ambuja Cements Ltd. 309 [ -1.87% ]
  Axis Bank Ltd. 691.3 [ -2.23% ]
  Bajaj Auto Ltd. 3878.55 [ -0.10% ]
  Bank of Baroda 77.45 [ 4.59% ]
  Bharti Airtel 561.8 [ -1.13% ]
  Bharat Heavy Ele 71.35 [ -2.73% ]
  Bharat Petroleum 449.2 [ -2.79% ]
  Cipla 898.7 [ 0.89% ]
  Coal India 153.5 [ -1.32% ]
  Colgate Palm. 1528.55 [ 0.00% ]
  Dabur India 529.25 [ 0.72% ]
  DLF Ltd. 265.4 [ -0.02% ]
  Dr. Reddy's Labs 5302 [ 0.16% ]
  GAIL (India) Ltd. 161.1 [ -0.46% ]
  Grasim Inds. 1412 [ -2.64% ]
  HCL Technologies 906.25 [ -0.10% ]
  HDFC 2438.7 [ -0.99% ]
  HDFC Bank 1399.5 [ -0.30% ]
  Hero MotoCorp 2841.85 [ 0.17% ]
  Hindalco Indus. 398.7 [ -3.43% ]
  ICICI Bank 594.95 [ -2.43% ]
  IDFC L 55.85 [ -0.53% ]
  Indian Hotels Co 116.1 [ -1.32% ]
  IndusInd Bank 917.25 [ -3.35% ]
  Infosys 1326.95 [ -0.28% ]
  ITC Ltd. 203.3 [ -0.37% ]
  Jindal St & Pwr 456.7 [ -4.19% ]
  L&T 1384.95 [ 0.09% ]
  Lupin Ltd. 1210.75 [ 1.10% ]
  Mahi. & Mahi 760.3 [ -1.97% ]
  MTNL 18.55 [ 0.00% ]
  Nestle India 16713.75 [ -0.93% ]
  NIIT Ltd. 168.8 [ -0.50% ]
  NMDC Ltd. 202.9 [ 3.05% ]
  NTPC 113.25 [ 0.53% ]
  ONGC 115.05 [ -2.54% ]
  Punj. NationlBak 37.1 [ 5.70% ]
  Reliance Inds. 1913.55 [ -1.04% ]
  SBI 367.85 [ 0.93% ]
  Vedanta 282.2 [ -2.20% ]
  Shipping Corpn. 115.4 [ -5.80% ]
  Sun Pharma. 702.65 [ -0.73% ]
  Tata Chemicals 722.35 [ 3.67% ]
  Tata Steel 1178.65 [ -4.48% ]
  Tata Power Co. 106.55 [ -2.47% ]
  Tata Consultancy 3088.5 [ -1.11% ]
  Tech Mahindra 962.1 [ -1.45% ]
  United Spirits 559.45 [ 0.81% ]
  Wipro Ltd 507.85 [ -2.01% ]

News Details

Investors' wealth tumbles over Rs 3.70 lakh cr as markets crack

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19/04/2021 13:05
Investors' wealth in morning trade on Monday tumbled over Rs 3.70 lakh crore as markets went into a tailspin amid record surge in coronavirus cases in India. The 30-share BSE benchmark index tanked 1,469.32 points to 47,362.71 in early trade.

Following the massive selloff, the market capitalisation of BSE-listed companies declined by Rs 3,70,729.4 crore to Rs 2,01,60,016.60 crore in morning trade.

IndusInd Bank, Axis Bank, Bajaj Auto, SBI and ICICI Bank were the biggest drags among the BSE 30-share frontline companies" list.

India"s total tally of COVID-19 cases crossed 1.50 crore with a record single-day rise of 2,73,810 new coronavirus infections, while the active cases surpassed the 19-lakh mark, according to the Union Health Ministry data updated on Monday.

"The health crisis India is going through and localised lockdowns and restrictions on economic activity warrant a market correction. The steady rise in test positivity cases and the steady decline in recovery rates are areas of serious concern. But, this negativity need not reflect fully in the market since the global clues are positive," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

In the previous trading session, the BSE benchmark closed 28.35 points or 0.06 per cent higher at 48,832.03.