Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: The main equity indices finished the trading day on Wednesday in positive position. The NSE Nifty 50 increased 36.80 points, or 0.03%, to 19,443.50, while the BSE Sensex increased 33.21 points to 64,975.61. The broader indices finished mostly in the green, with Midcap and Smallcap stocks leading the way. The Bank Nifty index fell 79.25 points, or 0.18%, to 43,658.65. Among the other sectors indices, Realty, Pharma, and Healthcare companies gained more than 1% each, while Banking, Financial Services, and Information Technology stocks declined. The top gainers on the NSE Nifty 50 were BPCL, Adani Ports, Asian Paints, Cipla, and Titan Company, while the laggards were ICICI Bank, Infosys, NTPC, Tech Mahindra, and Tata Consumer Products. The volatility index (India Vix) ended down 1.38%.
(Source: NSE)
Foreign institutional investors (FII) offloaded shares worth net Rs 700.28 crore, while domestic institutional investors (DII) added shares worth net Rs 497.21 crore on November 7, 2023, according to the provisional data available on the NSE.
Oil prices fell on Wednesday to their lowest in over three months, after industry data showed a steep build in US crude supplies, while mixed Chinese economic data raised worries about global demand for crude, reported Reuters. WTI crude prices are trading at $77.01 down 0.47%, while Brent crude prices are trading at $81.38 down 0.28%, on Wednesday morning. Adding to pressure on oil prices was a modest recovery in the US dollar from recent lows, which makes oil more expensive for holders of other currencies.
Source:FE
