Sensex, Nifty End Lower; Post Losses For The Week
Closing Bell: A Volatile Session
Indian equity markets began the November series on a volatile note as global markets countdown to the U.S. Presidential elections. Benchmark indices ended with a negative bias and posted losses for the week as well.
The S&P BSE Sensex ended 0.34% lower at 39,614 while the NSE Nifty 50 index 0.2% lower at 11,642. Both the indices ended off the lowest point of the day, after being down over 1% towards the final hour of the session.
It was a mixed day for sectoral indices. Realty, Media and Metal stocks outperformed while Banks, Auto and FMCG were the laggards.
The Nifty Realty index ended 2.1% higher while the Nifty Media and Nifty Metal index gained 1.5% each.
The Nifty Auto was the top underperformer, down 1.1% while the Nifty Bank and Nifty FMCG fell 0.7% each.
Broader markets too had a mixed session. The Nifty Midcap index ended 0.5% higher while the Smallcap index ended lower by a similar quantum.
India Volatility Index ended 2.2% higher at 24.54.
950 stocks on the NSE ended with gains while 885 stocks reported losses.