Key equity indices were on a downward swing on Tuesday as the fear of continuous rise in COVID cases and extended lockdowns in various states capped market sentiment.
Investors said the strong quarterly earnings season have been supportive but poor progress on the vaccination front dented market sentiments.
The BSE SandP Sensex closed 465 points or 0.95 per cent lower at 48,254 while the Nifty 50 tumbled by 138 points or 0.94 per cent to 14,497.
Except for Nifty PSU bank which jumped by 3.4 per cent, all sectoral indices at the National Stock Exchange were in the negative terrain.
Among stocks, Tata Consumer Products dipped by 4.3 per cent to Rs 648 per share and Reliance Industries lost by 2.1 per cent to wind up the day at Rs 1,918.
The resumption of the Census 2021 exercise, suspended due to the Covid-19 pandemic, appears unlikely in the coming year, with a reduced budget allocation of Rs.. IndiaTimes
In this video, we dive deep into the Human Metapneumovirus (HMPV) – a respiratory virus that has been causing concern worldwide, particularly following recent outbreaks in China. We’ll explore what HMPV is, how it spreads, its symptoms, and how it compares to other viruses like COVID-19 and the flu. Despite the lack of a vaccine, learn about preventive measures and why health experts are keeping a close watch on the virus. Stay informed about the latest developments and how countries, including India, are preparing for potential outbreaks.
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~HT.318~PR.274~ED.102~
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Equity frontline indices closed in the green on Friday fuelled by expectation that the second COVID-19 wave will peak this month and the economy will rebound quickly. At the closing bell, the BSE SandP..
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