Nifty Ends Near Day's Low, Sensex Slumps 722 Points As BEL, SBI Shares Weigh
Defence and realty stocks were the biggest laggerd on National Stock Exchange.
It's a wrap on real-time market coverage for Monday. Thanks for staying with us!
Rupee Closes Weaker Against US Dollar
Rupee closed 10 paise weaker at 90.09 against US Dollar
It closed at 89.99 a dollar on Friday
Source: Bloomberg
Markets At Close: Nifty, Sensex Slump As IndiGo, BEL Share Prices Drag
Nifty slips below 26,000 mark, snaps a two-day gaining streak
Interglobe Aviation and Bharat Electronics are the top losers in Nifty
Interglobe aviation fell over 7% intraday; touches 8 months intraday low
Interglobe aviation fell for the 7th consecutive day
All sectoral indices close in red for the day
Nifty Realty and Nifty PSU bank bleed the most
Benchmarks outperformed Broader Market indices
Broader Market Indices under pressure
SMallcap 250 fell for the 5th straight session
Kaynes fall over 10% for the 2nd straight session
Kaynes and Sterling and Wilson are the top losers in Nifty smallcap 250
FACT and Bharat Dynamics are the top losers in Nifty midcap 150
Life Insurance Premiums Rise 12% In November; LIC Leads With Rs 31,119 Crore
India’s life insurance sector reported a 12% growth in total premium income for November, reaching Rs 15,249 crore among private players, according to data from the Life Insurance Council.
LIC continued to dominate the market with a 23% surge in premium income to Rs 31,119 crore, while SBI Life posted the highest growth among private insurers at 34.4%.
Rupee Plunge To FII Sell-Off: Five Reasons Why Markets Are Falling Today
The Indian markets are facing intense pressure during Monday's trade, with the Nifty 50 trading with cuts of more than 1%. Almost all sectors are trading in the red, with Nifty Realty falling almost 4%.
The pain can be witnessed in the broader market as well, with Nifty Smallcap 250 trading with cuts of almost 2.5%. Nifty Midcap 150 is also down more than 1.5%.
