Business Desk, Amar Ujala, New Delhi
Updated Fri, 20 Nov 2020 09:29 AM IST
– Photo: Amar Ujala – Rohit Jha
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On 16 November 2020, the domestic stock market was closed on the occasion of Diwali Balipratipada. It is known that the index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. However according to analysts, further market volatility will continue. Hence investors should be cautious.
State of heavy stock
Talking about the big stocks, today Bajaj Finserv, Pavot Grid and Bajaj Finance started at a fast pace. IndusInd Bank, ICICI Bank and M&M shares opened at the red mark.
Monitoring of sectoral index
If we look at the sectoral index, today all the sectors except finance services, banks and private banks opened on the green mark. These include Realty, IT, Auto, Pharma, FMCG, PSU Bank, Metal and Media.
The market fell on the previous trading day
The stock market closed on the previous trading day amid negative global cues. The Sensex was down 580.09 points to end at 43599.96, down 1.31 percent. At the same time, the Nifty was down 1.39 percent (166.55 points) to close at 12771.70.
Market was open on red mark on Thursday
The stock market opened on the red mark on Thursday. The Sensex was down 284.74 points (0.64 per cent) to open at the level of 43895.31. The Nifty started with a decline of 76.20 points (0.59 per cent) at 12862.10.