The market opened in the red on March 19, 2020. The previous trading session witnessed the Sensex going down by 1709.58 points to end at 28,869.51 and the Nifty was down by 498.25 points to close at 8,468.80.

Narayana Hrudayalaya announced that the company’s step-down subsidiary-Health City Cayman Islands Ltd has shut down operations in Cayman Islands (British overseas territory) on a temporary basis due to Coronavirus outbreak.

The market opened in the red on March 19, 2020. The previous trading session witnessed the Sensex going down by 1709.58 points to end at 28,869.51 and the Nifty was down by 498.25 points to close at 8,468.80.

The shares of Alphageo India were trading in green in the early trading session on Thursday after the company announced that it had bagged Rs 76.67 crore order from Oil India.

Infrastructure developer, Dilip Buildcon today informed the bourses that it has received a letter of acceptance (LoA) from National Highways Authority of India (NHAI) for a new HAM project in Chhattisgarh.

The company’s geographical mix includes 34 per cent in South, 31 per cent in West, 29 per cent in North and six per cent in East. As Coronavirus is spreading quickly in the southern region, that is, mainly in Kerala and Karnataka, the revenue would get affected as south is the highest contributor to PVR’s total revenue.

The next major support is seen around 8,100 mark and the level of 8,550 is likely to act as a resistance on the upside. Stocks in news: Vakrangee, Srikalahasthi Pipes, Reliance Industries, Ashok Leyland, Alphageo India, IFB Industries.

Indian markets are likely to suffer another mauling as Coronavirus shutdown continues to fuel an epic stock market crash. Also, COVID-19 shows sign of gathering momentum in India. Yesterday, banks and financials were worst hit and carnage is likely to continue in banking & financial stocks with Supreme Court order on telecom companies.

Reserve Bank of India (RBI) has extended the validity of authorisation issued to Vakrangee Limited for setting up as well as operating White Label ATMs (WLA) in India.

On Wednesday, the selling spree at D-Street continued with no relief as BSE Sensex fell by 1,709.58 points or 5.59 per cent to the level of 28,869.51. Sensex broke its mark of 29,000 for the first time since January 2017. Its NSE counter Nifty 50 breached the level of 8,500 to end at 8,468.80 level, down by 498.25 points or 5.56 per cent. Other global indices also witnessed a fall due to the fear of Coronavirus.