MUMBAI : Indian markets on Tuesday erased all their morning gains and fell over 1% after the government of Maharashtra announced more stricter, localized restrictions.At 3 pm, the Sensex fell 1%, or 500 points, to 47,519 points, while Nifty declined 1.01% to 14,233.95 points.
Earlier in the day, Sensex surged nearly 530 points, while Nifty gained as much as 168 points.The Maharashtra government will now further restrict timings of grocery shops to just four hours a day, from 7am to 11am.Delhi chief minister Arvind Kejriwal on Monday announced a six-day-long lockdown in the national capital from 10 pm to 6 am next Monday.The government on Monday threw open its vaccination drive to everyone over the age of 18 from 1 May under a market-based.