April 30, 2021 08:33 PM
Domestic stock markets, which had been aggressive for three days, opened with heavy losses on Friday. The Sensex was down 354 points at 49,411 and the Nifty was down 82 points at 14,785.
The corona epidemic is known to have had a severe impact on the country’s economy. Shares of HDFC Bank, HDFC Bank, HUL and ICCI Bank were among the losers. At the same time, shares of gas companies are making gains as the consumption of oxygen cylinders is increasing day by day in the country.
Domestic stock markets that continue to be at a loss; Among them ONGC, NTPC, Dr Reddy’s Labs shares continue to be aggressive. Now investors are hopeful that the same factor will have an impact on national and international markets.
However, market experts expect the stock markets to turn a profit by the end of the day. There is no reason for that. With over 3 lakh corona cases being reported in the country every day, the US Super Galaxy Military Transporter has sent 400 oxygen cylinders, 10 lakh rapid corona virus test kits and other medical equipment to India under emergency assistance.