Saturday, November 17, 2018

Market ends red for Sensex and Nifty in a row

Both the benchmark indices closed lower today as the Sensex plunged over 215 and the Nifty by 67 points

  • Market ends red for Sensex and Nifty in a row

By Aditi Jain

Today’s market ended on a low note for the sixth day in a row as the BSE benchmark Index Sensex closed at 35011.89, down 215.37 points or 0.61 per cent, while the NSE Nifty closed at 10628.50 losing 67.7 points or 0.63 per cent.

At the same time, the Indian rupee rallied by 0.190 points (0.28 per cent) over the US Dollar, to close at Rs. 67.125.

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At the end of the today’s trading session, Dr. Reddy’s Labs, Infosys, M&M, Tata Steel and Reliance were the top gainers while HDFC Bank, Bharati Airtel, Adani Ports, Power Grid Corp and HUL were the major losers.

According to the Asian and global market closing, Nikkei and Shanghai Composite rallied 1.37 per cent and 0.52 per cent respectively whereas DAX, FTSE 100 and CAC40 gained 0.27 per cent, 0.75 per cent and 0.42 per cent respectively at the time of going to the press.

Meanwhile, the S&P BSE Midcap Index decreased by 129.56 points (0.82 per cent), and stood at 15,722.95 and Small Cap Index went down by 355.34 points (2.09 per cent), and stood at 16623.62, respectively.

In the commodities sector, gold indices rallied by 105 points (0.34 per cent) to close at Rs. 30651 per 10 grams while Brent Crude went down by 35 points (0.80 per cent) to close at Rs. 4393 per bbl as per the benchmark indices.

At the end of the day, the yield on 10-year benchmark Government securities softened and concluded at 7.8614.