Business & Investment

Market: Sensex plummeted 1,400 points, Nifty tested 17,100.Metal, bank bleeding

11:00 am

Live market updates: NSWith the proliferation of new Covid variants, he surprised investors in a hurry to avoid risky assets.

BSE Sensex tanked 1,485 points to 57,309 levels, I lost 424 points at 17,111. Both indices are down more than 2% each. Read that you are worried about the street



In the broader market, the BSE MidCap index fell 2.7%, while the BSE SmallCap index fell 2%.

By sector, the Nifty Pharma Index is still up 1%. Meanwhile, the Nifty Real Estate Index fell 5.7%. Nifty Metal and Auto indexes are 3.8% each. Nifty PSU Bank 3.5%. The Nifty Bank Index is 3%.

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10 am

Live market updates: Pharmaceutical stocks are the only benefit of savings in this weak market. The Nifty Pharma index has maintained a 2.5% rise, while all other sector indexes have been sluggish in the red.

The BSE Sensex expanded its decline by more than 1,000 points at the 57,756 level. NS We also put 295 points in the tank and fell below 17,250. In the broader market, the BSE MidCap index has fallen by more than 1.5%.

The BSE market is declining. More than 1,800 shares are in the red and 1,100 shares are up. Meanwhile, the volatility index surged 8%.

New listing: Despite the weak tendency of the secondary market Tarsons products We have succeeded in generating profits for slim lists. The company made its debut at BSE at Rs 700 per share, up 6% from the issue price of Rs 662.

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Opening bell

Live market updates: With the emergence of new highly mutated Covid-19 variants, reflecting the weaker trends in the Asian market, the Benchmark Index began a gap down on Friday at Daral Street.

The BSE Sensex fell 730 points, or 1.24 percent, in the early trading, which was estimated to be 58,065 in the morning trading. NSE Nifty also dropped 207 points and tested 17,300. The index expanded its weaknesses, hitting lows of 57,914 and 17,271, respectively.

At Sensex, only two stocks, Dr. Reddies Lab and Sun Pharma, were trading at high prices. All 28 other components were deficits dragged by Maruti Suzuki (down 2.5%), Kotak Bank, HDFC, and Bajaj Finserve.

In the broader market, the BSE MidCap and SmallCap indices each fell 1%.

Only some pharmaceutical stocks traded on the green appear to be defensive. The overall width favored the seller in a 2: 1 ratio.

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Pre-open session

Live market updates:

Stocks are traded in significant cuts during pre-open sessions. 9:05 am, It fell 343 points at the 58,452 level. NSE Nifty also fell 234 points at the 17,300 level.

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Updated at 8:15 am

Live market updates: Index may be under pressure on Friday Has fallen by more than 150 points at 17,409 levels.

Future growth prospects and faster economic recovery are some of the factors favoring the Bulls, while sustained FII sales, faster withdrawal of stimuli, and changes in interest rate trajectories weigh on market sentiment. To do.

In individual stocks The focus will be on today as stocks debut on the stock exchange. The issue price was fixed at 662 rupees per share.

Global market

The US market was closed for trading on Thursday due to Thanksgiving holidays, trading hours will be shorter on Friday as well. Meanwhile, Brent and WTI crude fell 0.1% and 0.5% to $ 82.17 and $ 78.03 a barrel, respectively.

Asian markets witnessed a sea of ​​deficits this morning as the US dollar rose further in hopes of accelerating rate hikes in the United States. The Nikkei Stock Average in Japan plummeted by 2%. Straits Times decreased by almost 1%. Shanghai Composite, KOSPI and Taiwan each fell 0.2-0.4%.

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Market: Sensex plummeted 1,400 points, Nifty tested 17,100.Metal, bank bleeding

https://www.business-standard.com/article/markets/market-live-sensex-sgx-nifty-tarsons-products-listing-covid-variant-121112600177_1.html Market: Sensex plummeted 1,400 points, Nifty tested 17,100.Metal, bank bleeding

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