Sensex jumped 939 points from intraday high


Ahmedabad. March 2, 2020, Monday

U.S Among Core Virus Infection After the Federal Reserve reported favorable trend in Asian markets, the new take on the Mumbai stock market, following an improvement in Asian markets, raised more than 750 points on the intra-day Sensex after reaching 39083, following a positive report by Corona Virus on a two-positive case. 939 points was hit.

Coronation infighting began trading in Asian markets today amid reports of a life-threatening business recession in China, as well as a fall in interest rates at the next meeting by the US Federal Reserve amid a global hostile environment.

Following the report, with the start of trading in the Mumbai stock market, the improvement in the market was accelerated by the low headline new take. Sensex intra-day jumped 785.88 points to 39083.13, with European markets improving.

Meanwhile, reports of two positive cases of corona virus being reported in Delhi and Telangana in India at noon, with heavy panic in the market and heavy selling pressure from Sommer on the Sensex, led to the withdrawal of all intra-day corrections in the Sensex.

The Sensex remained soft at 38,144.02 at the end of trading after breaking the Sensex intra-day high of 1297 points with a spurt of 1297 points at the intraday high of 39083.

NSE's Nifty also touched a low of 69 points at 11132.75 at the end of trading after reaching intraday 231.28 points, reaching 11433 and dropping from the surface.

In the same day, investors' wealth (BSE market cap) increased by Rs. 1.07 lakh crore at the end of the erosion. 145.80 lakh crore.

Amid the upheaval of the equity market, the US dollar gained another 46 paise to end at 72.68 against the Indian rupee at the end of the day.

Rupee broke 72.68: 16 months low

Mumbai, Ta. 2

With the stock market, the Indian rupee also eroded today. The rupee had closed at 72.68 against the dollar. Which is the lowest level since October, 2018. That means the rupee has fallen to a 16-month low. The rupee value was 73.96 against the dollar in October, 2018. If the rupee breaks further against the dollar, India's import bill will go up, meaning India will have to pay more to buy goods from abroad.

A 710-point surge in the Dodgers

After the Federal Reserve's favorable trend, trading began in the New York stock market today. After the soft trend of the past week, the US stock market today has moved rapidly behind the new take-off from the start of trading. At the time of writing this late in the evening, the Dowgens Index was up 710 points to end at 26,119.75. The Nasdaq was up 214 points at 8780.25.

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