Sensex down by 162 points on coronavirus fears, metal stocks melt

Updated:1 week ago

New Delhi, Feb 10 (ANI): Equity benchmark indices witnessed profit booking and closed in the negative zone on Monday amid concerns over the impact of coronavirus on supply chains and global economy. The BSE S&P Sensex closed 162 points lower at 40,980 while the Nifty 50 slipped by 67 points at 12,032. All sectoral indices at the National Stock Exchange (NSE) were in the red with Nifty metal melting by 3 per cent, auto by 2.5 per cent and realty by 1 per cent. Among stocks, Tata Steel dipped by 5.9 per cent at Rs 443.15 per share while Hindalco was down by 3.2 per cent at Rs 191 apiece. Auto stocks too slipped substantially with Mahindra & Mahindra down by 7.1 per cent and Eicher Motors by 3.3 per cent. The other prominent losers were Zee Entertainment, Grasim, Bharti Infratel, Coal India, Britannia and Yes Bank. However, UPL, Bajaj Finance, Kotak Mahindra Bank, Reliance Industries and Hindustan Lever traded with a positive bias.

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