Indian shares slide as virus jitters return, financials drag [Reuters]
ICICI Bank Limited (IBN)
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Source: Reuters
Indian shares slide as virus jitters return, financials drag (Updates to closing levels) BENGALURU, April 24 (Reuters) - Indian shares closed lower on Friday as global data laid bare the economic damage caused by the coronavirus pandemic and big financial stocks came under pressure after a prominent fund house said it would wind up some funds. The NSE Nifty 50 index ended 1.71% lower at 9,154.40 and the benchmark S&P BSE Sensex closed down 1.68% at 31,327.08. The Nifty index finished the week 1.2% lower and the Sensex closed the week 0.83% down. Asian stocks fell and U.S. stock index futures indicated a lower open as investors also worried over reports that an experimental drug to treat COVID 19 showed inconclusive results. U.S. business activity plumbed record lows in April as strict stay-at-home orders crushed production, supply chains and consumer spending, a survey showed. Financials were among the worst hit in Mumbai trading, with Axis Bank Ltd, ICICI Bank Ltd and IndusInd Bank L
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- 11/6/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/29/24 - Form 6-K
- IBN's page on the SEC website