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Home STOCKS Nifty slip as virus situations surge

Nifty slip as virus situations surge

BENGALURU, June 29 (Reuters) – Indian shares fell on Monday, led by financial shares, as a soar in coronavirus instances threatened the reopening of the overall economy, dimming hopes of a speedy recovery.
The NSE Nifty 50 index fell .64% to 10,316.75 by 0348 GMT, even though the benchmark S&P BSE Sensex was down .7% at 34,923.68.
Scenarios in the world’s 2nd most populous country jumped by a record 19,459 to 548,318 as of Monday early morning, with the death toll growing to 16,475, according to most up-to-date federal well being ministry information.
The world wide loss of life toll reached fifty percent a million men and women on Sunday, according to a Reuters tally. media claimed that Maharashtra, home to India’s money capital Mumbai, was set to lengthen for a month the lockdown to comprise the spread of the virus.


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