Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices ended the day deep in red on Monday as the S&P BSE Sensex plunged 3,934 or 13.15% at 25,981 points. The broader NSE Nifty-50 slipped 1,110 points or 12.70% to sit slightly above the 7,600 points. All sectoral indices were deep in red during the day on NSE and only added to their losses as the closing bell inched closer. Nifty Private Bank was the biggest loser, down 17.05% aided by a falling Axis Bank and IndusInd Bank. All 30 constituents of the S&P BSE Sensex were down with Axis Bank falling more than 27% being the worst loser. Indian equity markets’ fear guage India Vix jumped more than 8% during the day to reach the 72.7 mark.
Prime Minister Narendra Modi is due to interact with captains of India Inc. later today via video conferencing. The total number of cases in India inched closer to 400 on Sunday as India praticed a ‘junta-curfew’. More than 80 districts have been locked down by the state governments and the central government to prevent the spread of Coronavirus. Although a lockdown has been imposed, essential services will still continue to operate. The Reserve Bank of India, in a bid to fight the Coronavirus and still stay operational has devided its team into three, working from different locations. Interstate bus services have been halted, although airport remains operational. Ride hailing application Uber has suspended services.