Sensex loses 469 points, Nifty below 9000 mark as end of phase-1 of COVID lockdown nears

As number of Coronavirus (COVID-19) cases in India rise to 9152, market indices on Monday, witnessed a weak day in tring as Sensex lost 469.60 points or 1.51%, ending at 30690.02, according to PTI. Meanwhile, Nifty was down 118.05 points or 1.30% - ending below 9000-mark at 8993.85 points. Market reports state 1194 shares have vanced, 1171 shares declined, and 201 shares are unchanged.

People's Bank of China buys 1% stake in HDFC Ltd, picking up 1.75 crore shares

Markets see weak tring

As first phase of national lockdown due to COVID-19 comes to an end on April 14, PM Modi is set to dress nation on Tuesday- 10 AM, hinting at an extension. Reports state that Nifty lost points due to lack of demand and growth seen in auto, realty and banking companies. While realty sector was one of major losers, auto, bank, energy, IT and FMCG too lost heavily, as per reports. Industries like metal, pharma, and infrastructure reportedly saw buying.

COVID-19: 25 districts in 15 states report cases in 14 days post-Cluster containment

PCOB picks up 1% of HDFC Ltd.

On Sunday, People's Bank of China (PBoC)  h bought a 1% stake in India's largest housing finance lenders - HDFC Ltd. This investment amounts to  1.75 crore shares in HDFC, which has reportedly been facing a receding trend in its shares since January. Reports state that share purchase is likely to have happened between January and March. HDFC shares closed at Rs 1,701.95 on April 10, as per market reports.

ICMR reveals 39.2% of COVID-19 positive cases among SARI patients with travel history

Coronavirus hits global ecomy

fear of virus has disrupted business supply chains, while number of positive cases has hit 18,64,666 cases and 1,15,101 deaths. Moody’s have estimated that coronavirus has increased risk of a global recession as vanced countries United States, Japan, Germany, Italy, France, Britain, and Korea battle virus, but UN has claimed that India and China may be spared. Analysts have said that as China is largest supplier of raw materials and manufacturing hub for different industries - core industries like automobiles, metal and pharmaceuticals' tre were brought to a standstill due to China closing off its borders, but w is seeing action as China picks up manufacturing. Currently, Indian ecomy is at a standstill, as nation is at a lockdown till April 14 - with six states including richest state - Maharashtra, have extended lockdown till April 30.

Coronavirus LIVE Updates: PM Modi to dress at 10 AM on April 14; total cases at 9152