Sensex, Nifty Halt Their Longest Winning Streak In Over A Month
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Closing Bell: Sensex, Nifty Halt Their Longest Winning Streak In Over A Month
Indian equity benchmarks halted a three-day rally, their longest winning streak in over a month.
The S&P BSE Sensex Index ended 0.84 percent at 35,474.51 and the NSE Nifty 50 Index ended at 10,656.20, down 1 percent. The fall in the 50-stock index was the most in over a month.
The market breath was tilted in favour of sellers. Ten out of 11 sectoral gauges compiled by NSE fell, led by the NSE Nifty Metal Index's 2.8 percent decline. On the flipside, NSE Nifty Realty Index was the only sectoral gainer, up 0.04 percent.
HEG Near Three-Week High On Buyback Plans
Shares of HEG rose as much as 5.4 percent to trade near a three-week high at Rs 4,480.
The company’s board said that it considering a share buyback on Nov. 26.
The stock rose 91.8 percent so far this year compared to a 5.4 percent advance in the Sensex.
Oil Marketers Decline Amid Fall In Crude Prices
Shares of oil marketing companies fell in today's trade amid fall in crude oil prices.
Aarti Industries Hits A New All-Time High
Shares of the chemical products maker rose as much as 2.9 percent to hit a new all-time high at Rs 1,495.
The Relative Strength Index (RSI) was above 70, indicating that the stock may be overbought.
Block Deal Alert: ICICI Securities
About 15 lakh shares of ICICI Securities changed hands in a single block deal, according to Bloomberg. Buyers and sellers were not known immediately.