Begin typing your search above and press return to search.
Centre's Stimilous Package Couldn't Revive Sensex
By: Tupaki Desk | 18 May 2020 10:10 AM GMT
The fourth phase of the Lockout aka Lockout 4.0 started on a rough note with the domestic stock markets went through a bad session with the investors not showing any interest
The 20 lakh crore stimulus Economic package also couldn't save the stock markets and attract the investors and the measures taken by the Centre didn't turn effective.
As per the latest information, the BSE Sensex saw a dip by 3.35 percent which translates to 1045, and on the other hand, Nifty saw a dip by 3.38 or 309 points which is currently trading at 8,827.
During the early trade, the Banks and financials saw a dip with ICICI saw a dip by 3.44, and Bajaj FinanceNSE was down by -6.96 %, while Axis Bank, SBI, and IndusInd Bank were down by more than 2 percent respectively.
On the other hand, ITC and Reliance Industries gained by 1 percent and 0.90 percent respectively and the gain of Reliance Industries is the result of the recent investment from a leading American firm.
The 20 lakh crore stimulus Economic package also couldn't save the stock markets and attract the investors and the measures taken by the Centre didn't turn effective.
As per the latest information, the BSE Sensex saw a dip by 3.35 percent which translates to 1045, and on the other hand, Nifty saw a dip by 3.38 or 309 points which is currently trading at 8,827.
During the early trade, the Banks and financials saw a dip with ICICI saw a dip by 3.44, and Bajaj FinanceNSE was down by -6.96 %, while Axis Bank, SBI, and IndusInd Bank were down by more than 2 percent respectively.
On the other hand, ITC and Reliance Industries gained by 1 percent and 0.90 percent respectively and the gain of Reliance Industries is the result of the recent investment from a leading American firm.
