In the midst of lockdown due to Mumbai Corona virus, the stock market trading was again so affected that in the initial hours, the benchmark index was hit lower circuit . The Bombay Stock Exchange's Sensex fell 10%, causing the stock market to stop trading for 45 minutes.
This is the second time in a month that trading of the stock market has stopped. Earlier on March 13, the trading of the stock market was stopped due to the lower circuit. Today the Sensex fell by 2991.85 points to reach 2991.85 points and the lower circuit started. All shares of the index are on the red mark. The Nifty slipped 9.63% to reach the 7,903 mark. From the level at which the market was open, it was estimated that soon it could hit the lower circuit. Now the pre-open session of the market will start at 10:42 AM, opening 15 minutes after that.
The stock market opened again with a big fall amidst the lockdown due to Corona. The Sensex was down 2307.16 points to open at 27,608.80. On the Nifty, trading started at 7,945.70, down 8.66%. All the Sensex stocks were trading at the red mark. When the market opened this morning, investors lost Rs 8 lakh crore in the first 15 minutes of trading. As soon as the market opened, 150 stocks hit the lower circuit, while 340 stocks were trading at their 52-week lows.
The market was closed on a fast Friday
The stock market closed on Friday with a sharp jump after four consecutive trading sessions. The Sensex closed up 1627 points and the Nifty rose 486 points. Investors earned a total of 6.32 lakh crore on that day. Talking about the market cap, the market cap of eight companies in the top 10 of the Sensex fell by 3.63 lakh crore last week.