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Reports of new coronavirus cases stalls domestic market's revival

While the benchmark indices ended with losses, most global markets extended gains as investors focused on the global policy response to the virus outbreak, and a surprise comeback for Joe Biden

Markets continue to rally on RBI policy fillip; Sensex rises 164 points

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The Sensex settled at 38,409, down 214 points or 0.6 per cent. The index has now ended with losses in eight of the previous nine sessions. Since February 19, it has declined 2,914 points or 7 per cent.

Sundar Sethurman Mumbai

3 min read Last Updated : Mar 04 2020 | 10:39 PM IST

The recovery in domestic indices was short-lived after the health ministry reported new cases of coronavirus, taking the total number of infections in the country to 28.

While the benchmark indices ended with losses, most global markets extended gains as investors focused on the global policy response to the virus outbreak, and a surprise comeback for Joe Biden in the US presidential primary.

The Sensex, after briefly trading in the green, slumped as much as 800 points (2 per cent). Stocks managed to recoup losses in the last hour of trade as US futures indicated a strong opening

Topics : Coronavirus Sensex Markets Global Markets

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