Indian shares track broader Asia lower as global coronavirus cases cross 1 mln [Reuters]
Wipro Limited (WIT)
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Source: Reuters
Indian shares track broader Asia lower as global coronavirus cases cross 1 mln * NSE index down 1.27%, BSE index falls 1.29% * Coronavirus cases rise to over 1,800 in India * NSE banking index falls 2.5% BENGALURU, April 3 (Reuters) - Indian shares tracked broader Asia lower on Friday as coronavirus cases showed no signs of abating and doubts emerged over an oil price deal between Saudi Arabia and Russia that U.S. President Donald Trump said he had brokered. The broader NSE Nifty 50 index fell 1.27% to 8149.15 by 0440 GMT and the benchmark S&P BSE Sensex was down 1.29% at 27,900.18. Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths. In India, an ongoing 21 day lockdown has brought Asia’s third-largest economy to a halt. “There are persistent concerns because, globally, cases and deaths are rising,” said Saurabh Jain, assistant vice president at SMC Global Securities in New Delhi. Active coronavirus cases in India rose to 1,860 as of Thursday evening
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