The BSE Sensex closed solidly 2.09% lower on Monday and recorded the worst decline of the month so far, as investors felt the jitters of the spread of corona variant omicron.
Market closed 1189.73 point down at 55822.01 with intra-day high of 56,538 and low of 22,132. The Nifty 50 closed 371 points at 16,614. Intra-day high of nifty was 16,840 and a low of 16,410.
As many as 2699 stocks were in red against only 746 which ended in green, while 121 remained unchanged. Record 90 stocks touched 52 week low and 540 stocks hit the lower circuit. 267 stocks touched 52 week high whereas 353 stocks were locked in the upper circuit.
Realty, Financial, Auto, Metal, Oil and Gas and Media felt the pressure which resulted in all sectoral indices ending in red.
|No.||Nifty Indices||Closed At (%)|
|5||Oil & Gas||-4|
|6||Bank & Pvt Bank||-3|
US Market indices all ended with a decline as New York saw a huge spike in covid Cases. Markets in Shanghai, Hong Kong, Tokyo and Seoul all ended with heavy losses. Companies with higher global exposure were under heavy pressure.
Bajaj Auto, Tata Motors and other companies with global exposure felt the pressure.