Market Close: Benchmark indices slipped nearly 3 percent each on November 26 on the back of weak Asian markets and new coronavirus variant fears.

At close, the Sensex was down 1,687.94 points or 2.87% at 57,107.15, and the Nifty was down 509.80 points or 2.91% at 17,026.50.

About 964 shares have advanced, 2163 shares declined, and 80 shares are unchanged.

JSW Steel, Hindalco Industries, Tata Motors, IndusInd Bank and Adani Ports were among major losers on the Nifty, while gainers included Cipla, Dr Reddy’s Labs, Divis Labs, Nestle and TCS.

Among sectors, except pharma (up nearly 2 percent), all other sectoral indices lost 1-6 percent. The BSE midcap index shed 3.2 percent and the smallcap index fell 2.6 percent.

Market Updates at 3 PM

Benchmark indices were trading lower in the final hour of trading on November 26 with Nifty below 17200 and Sensex down over 1300 points.

The Sensex was down 1,398.46 points or 2.38% at 57396.63, and the Nifty was down 430.10 points or 2.45% at 17106.20. About 976 shares have advanced, 2100 shares declined, and 88 shares are unchanged.