India VIX surged on Monday morning.(Image: REUTERS)
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets started the day’s trade deep in red with Sensex giving up 48,000 and diving over 1,100 points. Nifty was below 14,300 on the opening bell. All Sensex stocks were deep in red, led by banking and finance stocks such as IndusInd Bank, Bajaj Finance, ICICI Bank, and SBI. Sun Pharma, TCS, Dr Reddy’s, Infosys, and HCL Technologies were the best performing Sensex constituents, all down less than 1%. India VIX skyrocketed 10% during the early hours of trade to breach 22.5 levels. All sectoral indices and broader markets on NSE were performing worse than the benchmark NSE Nifty 50.
The sharp decline in equity markets has left investors poorer by nearly Rs 4 lakh crore on Monday. The market capitalisation of all BSE listed firms was at Rs 205 lakh crore on Friday at closing, the same was down at Rs 201 lakh crore on Monday. Since the beginning of the month, investors poorer by Rs 6 lakh crore. The market capitalization of all BSE firms was above Rs 207 lakh crore on April 1.
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