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Sensex crashes nearly 2.5%, Nifty near 17,100, after New Variant was diagnosed in South Africa, are Indian Stock Market heading towards Correction?

Nov 26, 2021

Equity benchmark Sensex plummeted over 800 points in early trade on Friday, on heavy across-the-board selling amid a negative trend in global markets and unabated foreign fund outflows.

The 30-share index was trading 810.29 points or 1.38 per cent lower at 57,984.80. Similarly, the Nifty plunged 245.15 points or 1.40 per cent to 17,291.10.

Maruti was the top loser in the Sensex pack, shedding nearly 3 per cent, followed by Bajaj Finserv, Kotak Bank, HDFC, Bajaj Finance and Tata Steel. On the other hand, Dr Reddy’s and Sun Pharma were the gainers.

Market Updates, Friday, November 26:

Sensex plunges more than 1300 points, Nifty below 17,200

Sensex plunges 705.93 to 58,089.16 in opening session; Nifty tanks 230.40 pts to 17,305.85.

Highlights of Thursday, November 25:

Reliance Industries was the top gainer in the Sensex pack, soaring over 6 per cent, followed by ITC, Infosys, Tech Mahindra, Titan, Bharti Airtel and PowerGrid. On the other hand, Maruti, ICICI Bank, IndusInd Bank, HUL and L&T were among the laggards.

Sensex gains over 450 points to end day at 58,795; Nifty closes session at 17,536

ICICI bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by NTPC, Bajaj Finserv, HUL, Asian Paints, ITC and HDFC. On the other hand, Tech Mahindra, Reliance Industries, Kotak Bank and Infosys were among the gainers.

Equity benchmark Sensex slipped over 100 points in early trade on Thursday. Similarly, the Nifty was trading 30.15 points or 0.17 per cent down at 17,384.90.

Sensex advances 23 pts to 58,363.99 in opening session; Nifty inches 3.70 pts higher to 17,418.75

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