Saturday 24 November 2018

Stock Market news for 24th Nov 2018

Stock trends through the week November 22 
The domestic stock market indices Sensex and Nifty ended the shortened trading week on a negative note. In a week the Sensex traded in a 250-point level, Nifty ended near its lowest point. The benchmark index lost 155.45 points, or 1.46%, on weekly basis. 
Sectorally, the IT index corrected 4.4 percent, Metal stocks cracked 4.17 percent, PSU Bank fall 2.75 percent, Energy index fell 2.33% in the week to November 22.
Realty sector out performed up 1.9 percent, FMCG was up 0.3 percent. For the week, Bank Nifty corrected 0.94 percent.
The domestic currency closed at 70.69 vs USD on Thursday, up 1% over its previous close. The rupee has gained over 4% in November, after hitting a record low just a month ago in October.

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