Left Menu
Development News Edition

Sensex down over 245 pts in opening deals in line with Asian peers

PTI | Mumbai | Updated: 18-02-2020 10:05 IST | Created: 18-02-2020 09:56 IST
Sensex down over 245 pts in opening deals in line with Asian peers
Image Credit: ANI

Market benchmark BSE Sensex tumbled over 245 points to trade at 40,810 in openings deals on Tuesday on hectic selling by investors across sectors amid growing concerns over the economic impact of coronavirus epidemic. The NSE gauge Nifty fell about 75 points to trade at 11,971 in early trade.

Analysts said worries persist over rising death toll and the economic fallout from the novel coronavirus. The death toll from China's coronavirus epidemic climbed to 1,868 on Tuesday as 98 more people died while the total number of confirmed cases jumped to 72,436.

On Monday, the Sensex closed with losses of 202.05 points, or 0.49 percent, at 41,055.69. While the Nifty settled lower by 67.75 points or 0.56 percent at 12,045.80. Asian shares were also trading on a subdued note on Tuesday.

Meanwhile, the rupee opened 11 paise lower at 71.42 against the US dollar in opening trade on Tuesday. Foreign institutional investors had sold equities worth Rs 374.06 crore on a net basis on Monday, according to provisional exchange data.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION / BLOG / INTERVIEW

All party meeting - Blocking dialogue not culture of Bengal, Mamata needs to speak up

If that happens, history will record it as the dark age of Bengal....

Diya Jalao for COVID 19: How Modi put Power Grids and power warriors at risk?

While Prime Minister Narendra Modis staunch supporters are busy in search of hidden science behind the sudden announcement of 9minutes9pm campaign but his ignorance of the actual science has put the nation in another danger. The scientists ...

Videos

Latest News

New York Governor says coronavirus crisis may have hit plateau

New York Governor Andrew Cuomo noted on Monday that hospitalizations of coronavirus patients are down and the rate of rising in deaths has leveled off in the hardest-hit state, suggesting the crisis may be plateauing, but he warned against ...

30 fresh COVID-19 cases reported in Telangana, total active cases at 308

Thirty fresh COVID-19 cases were reported in Telangana on Monday taking the total number of active cases in the state cumulatively to 308, official saidAccording to a media bulletin issued by the state government, 12 people were discharged ...

US coronavirus deaths top 10,000: Johns Hopkins tracker

More than 10,000 people have died of coronavirus complications in the United States since the outbreak began in late January, Johns Hopkins University said Monday. The Baltimore-based school, which has been keeping a running tally of global...

Soccer-Italy's Serie A recommends wage cuts for players

Italys Serie A league has recommended that clubs impose wage cuts of between two and four months pay on playing and coaching staff during the coronavirus outbreak but the proposal was dismissed as shameful by the players union. After an eme...

Give Feedback