India stocks sink on virus surge; Indonesia central bank meeting awaited

India stocks sink on virus surge; Indonesia central bank meeting awaited

The Edge Markets - World·2021-04-20 05:01

BENGALURU (April 19): Indian stocks slumped on Monday to hit their lowest in more than two-and-a-half months as coronavirus cases raged across many parts of the country, while Indonesian shares fell ahead of a central bank meeting on Tuesday.

Moves in Asian currencies and most other stock markets were mixed amid a lack of major catalysts. Stocks in Malaysia and the Philippines fell, while Singapore shares firmed slightly.

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