News From Press Fear of covid second wave spooks markets

Fear of covid second wave spooks markets

The BSE Sensex slipped 562.34 points or 1.12% ending at 49,801.62

Mint Mar 18, 2021

Rising covid cases, increasing risk of a second wave of the deadly virus in India and a cautious trade by global investors ahead of the US Federal Reserve meet outcome continued to weigh on markets. Markets fell most in over two weeks, ending lower for the fourth consecutive day amid high volatility. The BSE Sensex slipped 562.34 points or 1.12% ending at 49,801.62. The Nifty dragged 189.15 points or 1.27%, before closing at 14,721.30.

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