Markets Loss

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	Equity market crumbled on Monday as stocks across-the-board fell like ninepins after India went into the lockdown to contain the spread of Coronavirus (Covid-19) pandemic. In the early deals, trading was once again halted for 45 minutes as the Sensex hit a lower circuit limit of 10 per cent. The sell-off continued when the trading resumed. It was the second instance of trading halt in the Indian market in a span of 10 days. Earlier, in March 13, Nifty hit lower circuit in the opening deals for the first time since May 2009.&nbsp;</div>
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	The S&P BSE Sensex nosedived 3,935 points or over 13 per cent to settle at 25,981 levels with all the 30 constituents ending in the red. On the NSE, the benchmark Nifty tanked a whopping 1,135 points or 13 per cent to end the session at 7,610. Fear guage India VIX rose 6.64 per cent to 71.56 levels. With today&#39;s fall, investors lost Rs 13.88 trillion wealth while in the last month investors have lost Rs&nbsp;56.22 trillion.<br />
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	Among sectoral indices on the NSE, rate-sensitive stocks took the biggest knock with the Nifty Private Bank index plunging over 17 per cent to 9,030 levels. Axis Bank was the biggest loser on the index - down 28 per cent at Rs 310 apiece. Nifty Bank slipped over 16 per cent or 3,299 points to end at&nbsp;17,018 while Nifty Auto plunged over 14 per cent or 761 points to&nbsp;4,609 levels.&nbsp;</div>
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	In the broader market, the S&P BSE Midcap index slumped 13 per cent to 9,711 levels while the S&P BSE SmallCap index tanked over 12 per cent to 8,873 levels.&nbsp;<br />
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	Market breadth was in favour of bears as out of&nbsp;2,401 stocks traded on the BSE, 233 advanced and 2,036 declined while 132 remained unchanged.&nbsp;<br />
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		<strong>Global Markets</strong></div>
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		Asian shares sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers&rsquo; frantic efforts to cushion what is likely to be a deep global recession. MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan lost 5.01%, with New Zealand&rsquo;s market shedding a record 10% as the government closed all non-essential businesses. Shanghai blue chips dropped 2.51%, though Japan&rsquo;s Nikkei rose 2.0% aided by expectations of more aggressive asset buying by the Bank of Japan. In Australia, the S&P/ASX200 dropped 5.62% to take the index to a seven-year low.</div>
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		In Europe, too, shares were stuck near seven-year lows.&nbsp;</div>
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		In commodities, Brent crude prices extended falls with demand sliding as travel and industrial activity contracted across the globe in a bid to stem the spread of coronavirus.</div>
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		<strong><em>(With inputs from Reuters)</em></strong></div>
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Sensex plunges 3,935 pts in biggest 1-day fall; investors lose Rs 13.88 trn

Business Standard

Sensex plunges 3,935 pts in biggest 1-day fall; investors lose Rs 13.88 trn | News on Markets - Business Standard

Rate sensitive stocks crash; Nifty Auto, Bank index down over 10%

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	Shares of interest rate sensitive sectors such as automobiles, real estate, banks, including non-banking financial companies (NBFC) and housing finance companies, tanked up to 20 per cent on Monday as most Indian states announced lockdown to stem the spread of the novel coronavirus (COVID-19). At 10:15 am, Nifty Private Bank, Nifty Bank, Nifty Fin Service, Nifty Auto and Nifty Realty indices were down between 11 per cent and 13 per cent on the National Stock Exchange (NSE). In comparison, the benchmark Nifty 50 index dipped 9.6 per cent at 7,903 points. <a href="https://www.business-standard.com/article/markets/rate-sensitive-sectors-tank-nifty-auto-realty-bank-index-down-over-10-120032300299_1.html?1584943239" target="_blank"><em><strong>READ MORE</strong></em></a><br />
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NEWS ALERT | Bharat Forge suspends operations at all offices and manufacturing units with immediate effect

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PM Modi urges for strict enforcement of the lockdown

<blockquote class="twitter-tweet"><p lang="hi" dir="ltr">लॉकडाउन को अभी भी कई लोग गंभीरता से नहीं ले रहे हैं। कृपया करके अपने आप को बचाएं, अपने परिवार को बचाएं, निर्देशों का गंभीरता से पालन करें। राज्य सरकारों से मेरा अनुरोध है कि वो नियमों और कानूनों का पालन करवाएं।</p>&mdash; Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1241946877139927040?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

MARKET UPDATE:: 325 stocks locked in lower circuit on the BSE

CORONAVIRUS UPDATE :: Total cases reach 415: Govt

Confirmed Cases: 415, Cured/Discharged: 23, Deaths: 7

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Even the last Bull will think twice before buying in this market

I don&#39;t know what kind of measures will help bring some sanity in the market because at these levels even the last bull would possibly think twice before deploying money. If someone was buying even three days ago, the present market is an opportunity to accumulate. That said, the key question is who would have the courage to buy in this type of market condition? <a href="https://www.business-standard.com/article/markets/even-the-last-bull-will-think-twice-before-buying-in-this-market-120032300315_1.html?1584941757" target="_blank"><strong>READ MORE</strong></a><br />
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MARKET UPDATE:: Trading resumes post circuit filter halt

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Sensex plunges 3,935 pts in biggest 1-day fall; investors lose Rs 13.88 trn

All that happened in markets today

Rate sensitive stocks crash; Nifty Auto, Bank index down over 10%

NEWS ALERT | Bharat Forge suspends operations at all offices and manufacturing units with immediate effect

MARKET UPDATE:: Sensex extends fall

PM Modi urges for strict enforcement of the lockdown

MARKET UPDATE:: 325 stocks locked in lower circuit on the BSE

CORONAVIRUS UPDATE :: Total cases reach 415: Govt

FMCG counters see heavy sell-off

IndusInd Bank tanks 20%

Even the last Bull will think twice before buying in this market

Axis Bank cracks 19%

Private bank stocks crack

SENSEX HEATMAP

MARKET RESUMES TRADE

MARKET UPDATE:: Trading resumes post circuit filter halt

MARKET RESUMES TRADE