Latest updates from the stock market: Nifty 50 and Sensex closed lower in a volatile weekend session.
The stock market today witnessed a rollercoaster ride as the Nifty 50 closed at 21571.80, down 51 points, and the Sensex fell 260 points to end at 71423.65. On the sectoral front, bank, metal, and power indices saw gains of 0.5-1 percent, while FMCG, IT, pharma, and realty were down 0.4-1 percent. DIIs sold shares worth Rs 719 crore, and Persistent Systems announced its Q3 results. The BSE Bankex F&O expiry was rescheduled for Saturday.
In Saturday's trading session, domestic equity benchmarks Nifty50 and Sensex weakened amid volatile trade. HUL, TCS, and other top stocks ended in the red. The S&P BSE Sensex closed 259.58 points lower at 71423.65, while the NSE Nifty50 fell 50.60 points lower at 21571.80. The broader market indices also ended in the red.
As the closing bell rang, the Sensex was down 260 points, with the Nifty below 21600. The weekend trading session saw fluctuations in major indices, with key stocks such as RIL and HUL contributing to the market movements. Despite the negative trend, investors are closely watching for upcoming market signals and developments.
Interesting Fact: The rescheduling of the BSE Bankex F&O expiry for Saturday has sparked discussions on its impact on market dynamics. Additionally, the public holiday for the Ram Mandir ceremony in Maharashtra has led to a temporary closure of the BSE and NSE on Monday, affecting trading activities.
Stock market today: Nifty 50 closed at 21571.80, down 51 points, or 0.23 per cent while the Sensex fell 260 points, or 0.36 per cent, to end at 71423.65.
On the sectoral front, bank, metal, power indices up 0.5-1 percent, while FMCG, Information Technology, pharma and realty down 0.4-1 percent.
DIIs, too, sold shares worth Rs 719 crore. 04:03:19 PM IST, 20 January 2024. Persistent Systems Q3 Results announcement.
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