New Delhi | Jagran Business Desk: The BSE Sensex on Monday fell over 450 points while Nifty also lost more than 100 points led by losses in IT and auto stocks amid rising fuel rising prices.
At close, the 30-share index lost 469.60 points at 30,690.02, while NSE Nifty dipped 118.05 points to 8,993.85.
Major losers in the Sensex pack was Bajaj Finance losing up to 10.27 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank, Tech Mahindra and ICICI Bank.
On the flips side, shares of LT, Bharti Airtel, IndusInd Bank, Ultra Cements, were trading in the green zone.
Meanwhile, Rupee ended flat at 76.27 (provisional) against US dollar.
Indian bourses opened on a negative note tracking subdued global market peers in Asia, PTI quoted Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi as saying.
"Sentiments remained downbeat due to rise in COVID-19 cases in the country and fears of extended lockdown weighed in which led sell-off and short-term profit booking in most financial services and bank stocks," he noted.
The markets remained volatile ahead of release of CPI data later in the day, he added.
Meanwhile, bourses in Asia-- Tokyo, Shanghai and Seoul ended significantly lower.
In Europe, stock exchanges remained closed for 'Easter Monday'.
Brent crude futures fell 2.06 per cent to USD 30.83 per barrel.
The commodity had rallied earlier in the day after Opec producers dominated by Saudi Arabia and allies led by Russia thrashed out a compromise deal on Sunday to cut production by nearly 10 million barrels per day from May.
According to the latest data by Union Health Ministry, the death toll due to the novel coronavirus pandemic rose to 308 on Monday after 35 new fatalities were reported, while the number of cases surged to 9,152.
Globally the tally of the infections crossed 18 lakh, with over 1 lakh fatalities.
(with PTI inputs)
Posted By: James Kuanal
