investors are increasingly jittery about the rise in covid cases in the country leading to uncertainties, markets are succumbing to major sell-off on Monday.
Most consumer stocks have been dumped by investors with the benchmark indices sliding over 3% in afternoon trade. At 1:18 pm, the BSE Sensex lost 1,751.97 points or 3.53% at 47,839.35.
The 50-share index Nifty was at 14,310.00, down 524.85 or 3.54%.Most consumer focused stocks such as consumer discretionary and realty were down nearly 5%.