The NSE Nifty50 index which opened near 12,197.10 at previous trading session closed on a lower note near 12,119.00, 129.25 points down on the back of weak global cues. On the other hand, the BSE-SENSEX closed to 41,155.12, 458.07 points down.
The major indices of the domestic market ended on a weak note on the rising concerns of coronavirus, as it may lead to a slowdown in the economy.
Global Market: The major indices of the Wall Street ended on a lower note on Monday as China extended the Lunar New Year holiday due to coronavirus outbreak.
Taking cues from the previous trading session and trend on SGX Nifty, it is expected to see a negative opening in today’s trading session.