Equity indices fall, Reliance tumbles 5.7 pc on profit-booking
Updated:5 years, 5 months ago
New Delhi, May 12 (ANI): Equity benchmark indices recovered from an intraday low point on Tuesday but remained in the negative zone ahead of Prime Minister Narendra Modi's address the nation later in the evening. A day earlier, Prime Minister Modi had told Chief Ministers that lockdown to contain the COVID-19 outbreak must be gradually lifted to allow economic activities. But some reports said that when coronavirus cases are rising, the nationwide lockdown could be extended beyond May 17 with eased restrictions for businesses. At the closing bell, the BSE S&P Sensex was down by 190 points or 0.6 per cent at 31,371 while the Nifty 50 edged lower by 43 points or 0.4 per cent at 9,197.
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