Closing Bell: Sensex Drops 330 Points, Nifty Hovers Around 11,900

Indian equity benchmarks extended declines to trade at day’s low.

Updated08 Nov 2019, 10:12 AM IST
1 min read

Indian equity benchmarks extended declines to trade at day's low.

The S&P BSE Sensex fell 330 points to end at 40,323, and NSE Nifty 50 plummeted 104 points at 11,907 as of 3:25 pm on Friday, 8 November. The Indian equity benchmarks, on Friday 8 November, had opened lower.

The previous day, Sensex fell 0.29 percent to 40,540 points after closing on a record high the previous day. NSE Nifty 50 also opened 0.32 percent lower, at 11,973 points, while the broader market index, represented by the NSE Nifty 500 also fell about 0.23 percent.

The market breadth was tilted in favour of sellers. About 786 stocks declined, while 633 shares advanced on the National Stock Exchange.

Nine out of 11 sectoral gauges compiled by the NSE traded lower, led by the NSE Nifty metal index’s 1 percent fall. On the flipside, the NSE Nifty Realty Index was the top sectoral gainer, up by 1.6 percent.

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

The Quint is now available on Telegram & WhatsApp too, Click here to join.

Published: 08 Nov 2019, 04:00 AM IST

Never Miss Out

Stay tuned with our weekly recap of what’s hot & cool by The Quint.

Join over 120,000 subscribers!