Sensex ends 886 points lower, Nifty settles below 9,150

WION Web Team
NEW DELHI Published: May 14, 2020, 03.51 PM(IST)

File photo. Photograph:( Reuters )

Story highlights

At the close, the S&P BSE Sensex stood at 31,123, down 886 points or 2.8 per cent while Nifty ended at 9,143, down 241 points or 2.57 per cent. 

Domestic equity market benchmarks BSE Sensex and Nifty 50 settled over 2.5 per cent lower on Thursday mainly dragged by financials and IT stocks.

At the close, the S&P BSE Sensex stood at 31,123, down 886 points or 2.8 per cent while Nifty ended at 9,143, down 241 points or 2.57 per cent. 

Global markets

World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go away.

The head of the Federal Reserve quashed talk of U.S. interest rates going negative to kickstart investment and new outbreaks of the virus in South Korea and China and some dour assessments of the global economy aroused concern too.

Asian markets had followed Wall Street lower overnight with MSCI's broadest index of Asia-Pacific shares finishing down 1.3% and Japan's heavyweight Nikkei closing 1.75% lower.

(With Reuters inputs)

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