On the last trading day of the week i.e. Friday, November 13, the Indian stock market started with a huge fall. As soon as the market opened, there was all-round selling pressure, which created panic among investors. Around 9:21 am, BSE’s main index Sensex was seen trading at the level of 81,342.72 with a huge fall of 568.29 points (0.69%). At the same time, NSE Nifty was also directly affected by the selling and it fell 208.55 points (0.82%) below the important level of 25,100 i.e. at 25,090.80.
All sectors from auto-IT to metal are booming.
There was all-round pressure on the Indian stock market in the early trading on Friday. Along with the major indices, sector wise indices were also seen trading in the red. Heavy selling was recorded in Nifty Auto, Realty, IT, Private Bank, Metal, FMCG and Oil & Gas sectors. In the initial hours, pharma was the only sector which managed to remain in the green.
Along with big stocks, there was sluggishness in other segments of the market also. Nifty 100 fell by 0.34%, Nifty Midcap 100 fell by 0.31% and Nifty Smallcap 100 fell by 0.17% in the initial session. If we look at the sector wise data of NSE, Nifty Auto fell by 0.38%, FMCG by 0.06%, Metal by 0.56%, PSU Bank by 0.13%, Private Bank Falling by 0.41%, Realty by 0.05% and IT index by 0.25% closed in the red.
Rise in crude oil and gold and silver in commodity market
On one hand, there has been a decline in the stock market, on the other hand, there was movement in the commodity market. Brent crude oil prices jumped to $ 95.39 per barrel compared to Thursday. Apart from this, there was a slight rise in the domestic gold prices and 24 carat gold increased to Rs 1,37,308 per 10 grams, while silver also increased to Rs 1,79,773 per kg.
Source: ndtv.in
