MUMBAI, March 2 -- MARKET benchmark index Sensex wiped out its sharp gains in the last hour of trade to close down by 153 points on Monday as detection of fresh coronavirus cases in India spooked domestic investors.
Marking its seventh consecutive session of fall, the 30-share BSE barometer closed 153.27 points or 0.40 per cent lower at 38,144.02 as financial, steel and FMCG stocks tanked on growth concerns.
The broader Nifty of the NSE also shed more than 400 points from its day's high and closed lower by 69 points or 0.62 per cent at 11,132.75.
Stocks had rallied in morning session due to value buying by investors following sharp losses in the previous sessions.
Sensex rallied 786 points to touch the day's high of 39,083.17. Nifty sca...