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MixIndia > Blog > News > Financial Package Not Reflected in the Market ; Sensex down over 631 points
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Financial Package Not Reflected in the Market ; Sensex down over 631 points

Rakesh Sudheesan
May 18, 2020 11:37 am 11:37 am
Rakesh Sudheesan
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MUMBAI: The Bombay Stock Exchange benchmark Sensex on Friday rebounded from the opening day of the session. The 30-share Sensex, which had lost 631 points in the previous session, fell by 184 points to 8951.

The market was hit by the lockdown until May 31. The stimulus package announced by the Center is not going to strengthen the market.

About 550 stocks on the BSE saw gains and 574 stocks declined. Nifty bank, auto, FMCG, oil and gas, most of the indices were down.

Bharti Infrastructure, Cipla, Infosys, Tech Mahindra, Britannia, TCS, Sun Pharma and HCL Tech were trading higher.

Shares of Coal India, ICICI Bank, Sea Entertainment, Axis Bank, SBI, Bajaj Finance, IOC, Maruti Suzuki, Tata Motors and Gail were down.

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