Sensex, Nifty close lower on coronavirus worries
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Sensex, Nifty close lower on coronavirus worries

By Reuters

  • 10 Feb 2020
Sensex, Nifty close lower on coronavirus worries
Credit: Reuters

Indian shares settled lower for the second straight session on Monday as worries mounted over the economic impact of the new coronavirus outbreak amid a rising death toll.

The NSE Nifty 50 index finished 0.55% lower at 12,031.50 and the S&P BSE Sensex fell 0.39% to 40,979.62.

Global shares traded lower as the virus claimed over 900 lives in China's central Hubei province as of Sunday, a death toll that has exceeded that of the SARS epidemic of two decades ago.

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Meanwhile, Beijing lifted some work and travel curbs, offering some reprieve to financial markets.

In the domestic market, metal stocks were the top drags, with the Nifty metals index shedding over 3%.

Zee Entertainment dropped 7.73% and was the top laggard, while UPL Ltd was the top gainer on the Nifty, rising 5.71%.

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