New coronavirus mutant raises concerns in India and beyond

The quickly changing coronavirus has spawned yet another super contagious omicron mutant that’s worrying scientists as it gains ground in India and pops up in numerous other countries, including the United States. Scientists say the variant called BA.2.75 may be able to spread rapidly and get around immunity from…

Sensex, Nifty close higher as Reliance, Kotak Mahindra Bank gain

Indian shares recovered early losses to end higher on Monday, boosted by gains in Reliance, Kotak Mahindra Bank and technology stocks, while world markets were steady on hopes the new coronavirus variant would likely be mild. Earlier in the day, the benchmark indexes fell more than 1% to hit three-month lows. The…

Sensex, Nifty fall sharply on fears over new coronavirus variant

Indian shares dropped more than 1% on Friday, with losses seen across sectors, as investors fled risky assets after a new and possibly vaccine-resistant coronavirus variant was detected in South Africa. The blue-chip NSE Nifty 50 index was down 1.43% at 17,284.75 by 9:19 am, while the benchmark S&P BSE Sensex fell…