Strong recovery in market after Sensex circuit, Sensex 634, while Nifty gains 182 points

New delhi date. 13 March 2020, Friday

Sharp recovery in the market has been witnessed after 3200 points fell in the morning on the last day of the week. In which, a ten percent staggering slowdown circuit was stopped at the start of the work. The market was resumed at the end of the circuit period. The market was in turmoil and the market was bouncing back as investors and players became active in the low-headline preferred stock.

The current Sensex is up 634.68 (1.94%) to 33,412.82 while the Nifty is trading up +182.45 (1.90%) to 9,772.60.

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- The biggest bang in the stock market's history
- The biggest downturn in the market since 2008
- The lowest level of the Nifty 31 months
- Indian economy skeptical of recession
- Crude oil prices in the Corona and global markets tighten the market

The stock market is now coronated. With the opening of the market today, 3200 points hit the market for the second consecutive day. The Sensex has hit more than 3200 while the Nifty has hit 750. This has led to the flat bidding of investors' assets.

Sensex plunges 3090.62 points, at 29,687.52 currently.
Nifty also tanks 966.10 points, currently at 8,624.05. Trading in Nifty has halted for 45 minutes due to lower circuit limit after the market fell over 10% during initial trading. pic.twitter.com/qQv3OoxhLl

- ANI (@ANI) March 13, 2020

Shares of Gujarati company
The market is affecting all of Corona's surroundings. Corona has also been seen in India's equity market in the currency market and debt market (bond market). Even though Mumbai is considered the economic capital of the country, Gujarat is also the focal point. The impact of the Corona crop has also seen a sharp drop in Gujarat's stock. Adani, Torrent and Arvind Group shares have been the biggest losers. Adani Group companies saw a loss of Rs 22,125.66 crore. Here is just a list of the big companies. Out of a total of 28 companies, only one company's stock price has risen.

11.44 lakh crore yesterday   Suha
Considering the rise in cases of corona virus worldwide, the WHO declared coronation pandemic for the world on the other hand, following reports of a ban on US entry from European countries on Wednesday, which had a severe impact on other markets around the world today. Following the reports, this morning, Asian markets saw a huge uptick in trading, followed by a sell-off in the Indian stock market. A record erosion of 11.44 lakh crore was reported.

Downjones really down
According to Indian time, huge gaps were also reported in European stock markets that opened in the afternoon. Meanwhile, these reports were still reported in the early stages of heavy pressures of selling in US stock markets. Today, after scoring 1700 points just before the start of the Dowgens trade, it was 2153.77 points late in the evening, reaching 21399.45. Nasdaq, on the other hand, also fell 657 points to the bottom of 7294. The S&P 500 index also dropped 228 points to 2513.

Epidemic
The deadly outbreak of the coronary virus in China has spread to many countries around the world, with widespread outbreaks blaming WHO as epidemic. In addition, a rise in Corona cases in the United States also hit more than 1,600 points in the US stock market yesterday (Wednesday), banning the entry of people from countries other than the UK into Europe.

Restrictions on tourists coming from abroad
These reports had a profound impact on the stock markets of Asian countries and European countries today. As a result, stock exchanges in other countries including China, South Korea, Japan, Hong Kong and Singapore today recorded up to five percent gaps. According to Indian times, European stock markets that opened in the afternoon were also hit by more than 10 per cent in markets where there was massive selling pressure behind the corona virus dominated. As a precautionary measure on the above reports as well as the Corona virus, India has also ratified the Indian stock market by imposing restrictions on tourists coming from abroad.

Fierce clashes in the Indian stock market
Thus, with the global adverse reports behind local adverse reports, the Sensex, which recorded a sharp fall in shares of Sensex today, hit a record high of 32493 at the bottom of 3249 points with 32 points at the bottom of 32493. Had landed at the headline of NO.

Stocks erosion
Investors' assets (BSE market cap) ended at Rs. With the massive erosion of 11.44 lakh crore, it was at 2125.70 lakh crore at the end of the working period. The NSE Nifty also hit a record 950.40 points in the NSE Nifty today, following a sell-off pressure from Chomer. Following a downturn in the stock market, the recession circuit was implemented in 525 stocks today. On the other hand, 2273 stocks fell out of the total 2573 stocks traded today. Amid hostile environment, foreign investors today raised Rs. Conducted sales of more than 3475 crores.

The rupee broke 60 paise at the bottom of 17 months
Today, the Indian rupee fell 60 paise to the bottom of 17 months on the back of the new US dollar. The rupee intraday against the US dollar was 74.50 against the US dollar on the back of global adverse reports. The rupee, which was sold for $ 2 billion by the Reserve Bank, fell softly. However, at the end of the day it was 60 paise down to 74.28, which is 17-month low.