News > Sensex Breaks Below 50,000 Pts. As Rising Covid 19 Cases Weigh

Sensex Breaks Below 50,000 Pts. As Rising Covid 19 Cases Weigh

Good Returns | 17/03/2021 04:13 PM | Click to read full article

Indices in the afternoon trade extended their early losses as investors weighed rising Covid 19 cases in the country. Broader markets underperformed the headline indices, with Nifty Midcap 100 dragged down by over 2.5% towards the close of the session.

Shares of Vedanta hit a fresh 52-week high of Rs 230 today after the promoter, Vedanta Resources Plc, raised the open offer price for buying shares in flagship Indian firm to Rs 235 per share from Rs 160 per share earlier.