DOMESTIC equity market nose-dived on Monday over fears related to the new HMPV virus, continuous selling by foreign institutional investors (FIIs) and weakening global cues. The Sensex ended 1,258.12 points or 1.59% lower at 77,964.99 while the Nifty fell 388.70 (1.62%) to settle at 23,616.05. During intraday deals, the two indices plummeted by up to 1.88%.
The sharp sell wiped out more than ₹11 lakh crore from investors' kitty as the market capitalization of all BSE-listed firms came down to ₹440.19 lakh crore from ₹451.33 lakh crore on Friday. "The market experienced a decline and entered a state of panic, primarily due to the detection of a case of human metapneumovirus (HMPV) in Bengaluru. This virus, a type of respiratory illness, has the potential to disrupt businesses, and logistics, and even lead to partial lockdowns, similar to the impact of COVID-19," said Anand K. Rathi, co-founder of MIRA Money.
هذه القصة مأخوذة من طبعة January 07, 2025 من The New Indian Express Thiruvananthapuram.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 07, 2025 من The New Indian Express Thiruvananthapuram.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Cinema is my way of addressing social issues
When we are seated in front of theatre screens, diving deep into the world of a film, seldom do we understand the technical effort that goes behind creating the fictional world.
What Sets Rekhachithram Apart Is Its Backdrop
Ahead of its release today, Jofin T Chacko discusses his sophomore directorial Rekhachithram, the challenges of crafting an alternate history narrative, casting choices, and more
Rekindling a Poetic Tradition
TNIE takes a look at how the literary artform of Aksharaslokam is being preserved through cultural groups and Kalolsavam
My Award Is A Recognition For Swimming Itself
In a quick chat with TNIE, ace Malayali swimmer Sajan Prakash, who has been chosen for the Arjuna Award, shares his hope of swimming getting its due in India
Creations in distant lands
ASK any middle-class Indian household if they have members of their clan in distant shores and the answer would certainly be in the affirmative.
BFI Adopts New Weight Classes
The Boxing Federation of India (BFI) is conducting the men's national championships here in 10 weight categories, in line with the classification introduced by the breakaway World Boxing. The ongoing event is being held under World Boxing's Technical and Competition Rules, which has 10 instead of the 13 weight categories that feature in the suspended International Boxing Association's (IBA) roster.
SA20: Skipper Markram aims a threepeat with Sunrisers Eastern Cape
FRESH from playing a key role in helping South Africa qualify for the third edition of the World Test Championship, Aiden Markram has set his sights on a threepeat with Sunrisers Eastern Cape in the SA20.
Janssen-sational: TN Dragons pip Team Gonasika
JIP JANSSEN slammed a hat-trick to steer Tamil Nadu Dragons to a tight 6-5 win over Team Gonasika in a high-scoring Hockey India League (HIL) clash here on Wednesday.
Malaysia Open: Prannoy, Sat-Chi Enter Round of 16
HS Prannoy's match, his first since the Paris Olympics, was halted by rain on Tuesday.
Selective application undermines credibility of sports governance
PT Usha and sports ministry are at loggerheads over the Indian Golf Union recognition.
