Weekly Wrap-Up 26Nov | Markets Down over 4% on Covid Concerns - 0 views
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arihantdemat on 30 Nov 21The surge in coronavirus cases in Europe once again threatened to disrupt trade and travel, which spooked investors and dragged Asian markets lower this week, including the key Indian benchmark indices. The week started on a weak note with Sensex shaving off 1170 points on Monday, owing to weak global cues (thanks to fresh Covid-19 cases in Europe and lockdowns), global inflation fears, and valuation worries. Volatility was seen throughout the week, and the falling of the Reliance-Armco deal coupled with weak Paytm listing and a U-turn on the farm laws by the government also dented investor sentiments.