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Market Wrap, Nov 19: Here's all that happened in the markets today

The S&P BSE Sensex ended at 43,600, down 580 points, or 1.31 per cent while NSE's Nifty settled at 12,772, down 167 points, or 1.29 per cent

Photo: Reuters
Photo: Reuters

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2 min read Last Updated : Nov 19 2020 | 5:00 PM IST

The domestic equity market fell over 1 per cent on Thursday as investors booked profit amid weak global cues. Among headline indices, the S&P BSE Sensex ended at 43,600, down 580 points, or 1.31 per cent while NSE's Nifty settled at 12,772, down 167 points, or 1.29 per cent.

HDFC Bank, HDFC, ICICI Bank, Axis Bank, and Infosys were the major contributors to the Sensex's fall. In the intra-day session, Sensex hit a fresh high of 44,230 before retreating later.

Sectorally, barring Nifty FMCG, and Nifty Media, all other sectoral indices ended in the red. Nifty Bank fell 2.85 per cent to 28,903 levels with all the 12 constituents declining. Nifty FMCG, on the other hand, rose 0.43 per cent to 31,085 levels.

Market breadth was in favour of declines as out of 2,938 companies traded on the BSE, 1,322 advanced, and 1,436 declined while 180 remained unchanged. Further, as many as 171 securities hit their 52-week highs today on the BSE while 43 fell to one-year lows.

In the broader market, the S&P BSE MidCap index dropped 0.65 per cent to 16,238 levels while the S&P BSE SmallCap index ended at 16,059, up 0.03 per cent.

Among buzzing stocks, SpiceJet ended 12 per cent higher at Rs 74.35 on the BSE after the US Federal Aviation Administration gave green-signal to fly Boeing 737 Max aircraft after two-years of grounding.

Now, a look at the global markets.

World stocks eased for the third day in a row and oil fell on Thursday tracking overnight weakness in Asia and Wall Street as widening Covid-19 restrictions weighed on market sentiment.

Positive news about potential vaccines had helped push the MSCI World Index to a record high earlier in the week, only to see investors pull back as a host of countries announced record infection rates and tougher lockdowns.

In Europe, too, stocks opened lower.

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Topics :MARKET WRAP

First Published: Nov 19 2020 | 4:56 PM IST

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