Indian stock markets fell sharply today as the government's stimulus package failed to enthuse the Street, with banking stocks leading the losses.
The government has extended a nationwide lockdown to May 31, while easing some restrictions, but a ban on air travel and gatherings at several public places still remained.
The Sensex fell as much as 1070 points to 30,027, wiping out about ₹3 lakh crore of investors' wealth. At day's low, the Nifty slumped to 8,825.
Among the Sensex stocks, HDFC Bank and HDFC fell over 5% while Axis Bank, ICICI Bank and IndusInd Bank slumped between 6% and 8%. Here are 10 updates from Indian stock markets: 1) A slew of announcements from Finance Minister Nirmala Sitharaman that concluded on Sunday, largely