Market Highlights - 21.09.2020
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💎 Sensex ends 811 points lower, Nifty at 11,250; all sectors in the red
💎 Indian benchmark indices ended over 2 percent lower on Monday mirroring sell-off in global markets on rising coronavirus cases across the globe. On the domestic front, all key sectoral indices traded with deep cuts dragging the benchmarks lower.
💎 The Sensex ended 811 points lower at 38,034 while the Nifty lost 254 points to settle at 11,250. Nifty Smallcap100 and Nifty Midcap100 were also trading with heavy losses, down 4 percent each.
💎 Globally, most major Asian indexes were in the red and MSCI's broadest index of Asia-Pacific shares outside Japan was 0.6 percent weaker.
💎 Australia's benchmark index slipped 0.7 percent while New Zealand's faltered 0.8 percent. Chinese shares were lower too with the blue-chip index down 0.8 percent and the Japanese markets were closed for a public holiday.
💎 Back home, IndusInd Bank, Tata Motors, Hindalco, Tata Steel and JSW Steel were the top losers on the Nifty50 index down between 6 percent and 8.5 percent while only 3 stocks - Kotak Bank, Infosys, and TCS were in the green, up 0.25-1 percent.
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