India’s equity benchmark, which plunged on Friday, was lowered as the benchmark S & P BSE Senssex fell by more than 800 points and the Nifty 50 Index fell below its key psychological level of 17,300. Reliance Industries, HDFC, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Infosys and State Bank of India were one of Sensex’s top drugs. Meanwhile, Asian equities plunged most in two months on Friday after a new variant of coronavirus that could be vaccine resistant was detected and investors rushed to bond, yen and dollar security. bottom. MSCI’s widest non-Japanese Asia Pacific stock index fell 1.3%, the sharpest drop since September. Casino and beverage stocks sold out in Hong Kong, and travel stocks fell in Sydney.
Japan’s Nikkei Stock Average fell 2.5%, and US crude oil futures fell nearly 2% amid new demand concerns.
As of 9:24 am, the Sensex fell 844 points to 57,951 and the Nifty 50 Index fell 251 points (1.43 percent) to 17,284.