Stock Market ends in the red; rupee touches a record low
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The bloodbath on Dalal Street on Tuesday continued with the benchmark indices, the BSE Sensex and the Nifty 50, declined for the fourth consecutive session amid mixed global cues.
Indian stock market declined on Friday amid rising crude oil prices and weak global market trends.
Indian Stock Market on Tuesday pared losses from previous session amid broad-based selling, led by financial, IT, and auto stocks.
Investors earned about Rs 6 lakh crore as the overall market capitalisation of BSE-listed firms rose to Rs 451 lakh crore from nearly Rs 445 lakh crore in the previous session.
In a statement, a NSE spokesperson said that all the operations on its platforms were "functioning smooth and normal".
The morning session on MCX - from 09:00 am - 5:00 pm - will also remain closed for trading for Guru Nanak Jayanti.
On BSE, the scrip plunged 5.05 per cent or Rs 3.20 to Rs 60. The scrip touched day’s low at Rs 59.80 and high at Rs 63.85.
On a year-to-date basis, 59 per cent of BSE-200 constituents declined, as Future Retail and financial stocks like Canara Bank, Bank of Baroda, and Punjab National Bank were the major laggards, said the report titled 'India Strategy - NOV'20: The Eagle Eye'.
The NSE too said it is functioning normally.
