Sensex, Nifty slide as virus jitters return, financials drag [Reuters]
ICICI Bank Limited (IBN)
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Source: Reuters
Nifty, Sensex fall on weak economic data, coronavirus drug worries BENGALURU (Reuters) - Indian shares fell over 1% on Friday, tracking weak global markets, after U.S. data underscored the economic damage caused by the coronavirus pandemic and reports that an experimental drug to treat COVID 19 showed inconclusive results. The NSE Nifty 50 index fell 1.53% to 9,166.20 by 0356 GMT, while the benchmark S&P BSE Sensex was down 1.59% at 31,359.96. Asian shares and U.S. stock futures fell on Friday following reports that Gilead Sciences Inc’s antiviral drug remdesivir had failed to help severely ill COVID-19 patients in its first clinical trial. U.S. business activity plumbed record lows in April, mirroring dire figures from Europe and Asia as strict stay-at-home orders crushed production, supply chains and consumer spending, a survey showed. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4% and U.S. stock futures, the S&P 500 e-minis, slipped 0.72%. “Global cues are
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IBN
Sec Filings
- 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