Stock Market: Stock market indices ended in losses

Stock Market Closing Bell | Mumbai: Domestic Indices End Lower Amid Investor Caution

Mumbai: Domestic stock indices ended in the red on Friday, following a day of volatile trading. The indices, which started with modest gains, quickly slipped into losses as shares like Reliance, ICICI Bank, and others faced selling pressure. Additionally, foreign institutional investors (FIIs) continued to pull funds from the market, dampening investor sentiment.

The Sensex opened with a slight gain at 79,611.90 points, up from its previous close of 79,541.79. However, after early fluctuations, it dropped to an intraday low of 79,117.37, eventually closing at 79,486.32, marking a loss of 55.47 points. Meanwhile, the Nifty declined by 51.15 points to end the session at 24,148. The rupee was trading at 84.37 against the dollar.

Reliance Power Hits Lower Circuit - Here’s Why

Within the Sensex 30 index, stocks such as Asian Paints, Tata Steel, SBI, Reliance Industries, NTPC, Tata Motors, ICICI Bank, IndusInd Bank, and Bharti Airtel saw losses. Conversely, shares of M&M, Titan, Tech Mahindra, Infosys, Nestle India, HUL, Sun Pharma, PowerGrid, and JSW Steel managed to post gains. In global markets, Brent crude held steady at $74.63 per barrel, and gold traded at $2,696.10 per ounce.

Market Holiday on November 20

Due to the Maharashtra Assembly elections, both the BSE and NSE will remain closed on November 20 for polling day.