A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai

BENGALURU (Reuters) – Indian shares fell on Monday, led by financial stocks, as a jump in coronavirus cases threatened the reopening of the economy, dimming hopes of a quick recovery.

The NSE Nifty 50 index <.NSEI> fell 0.64% to 10,316.75 by 0348 GMT, while the benchmark S&P BSE Sensex <.BSESN> was down 0.7% at 34,923.68.

Cases in the world’s second most populous country jumped by a record 19,459 to 548,318 as of Monday morning, with the death toll rising to 16,475, according to latest federal health ministry data.

The global death toll reached half a million people on Sunday, according to a Reuters tally.

Indian media reported that Maharashtra, home to India’s financial capital Mumbai, was set to extend for a month the lockdown to contain the spread of the virus.

(Reporting by Chris Thomas in Bengaluru; Editing by Sriraj Kalluvila)