Sensex ends 173 points lower, Nifty sheds 43 points

April 08, 2020 16:06

Equity benchmark Sensex ended over 173 points lower on Wednesday after a highly volatile session as investors remained jittery on concerns over the Covid-19 pandemic. Plunging over 1,300 points from the day's high, the 30-share BSE barometer ended 173.25 points or 0.58 per cent lower at 29,893.96. It hit an intra-day high of 31,227.97.

Similarly, the NSE Nifty closed 43.45 points, or 0.49 per cent, down at 8,748.75. TCS was the top loser in the Sensex pack, falling over 3 per cent, followed by Titan, ICICI Bank, SBI, ITC and Bharti Airtel. On the other hand, Sun Pharma, NTPC, IndusInd Bank and Bajaj Finance were among the top gainers. According to Paras Bothra, President of Equity Research, Ashika Stock Broking, volatility in the markets was on account of speculation that the central government was mulling lockdown extension beyond April 14.

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