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Benchmark Sensex and Nifty tumbled much than 1% connected Thursday (November 7, 2024) aft a two-day rally arsenic investors remained connected the sidelines up of the U.S. Federal Reserve involvement complaint determination and unabated overseas money outflows.
The Bombay Stock Exchange (BSE) Sensex tanked 836.34 points oregon 1.04%, to settee astatine 79,541.79. During the day, it slumped 958.79 points oregon 1.19%, to 79,419.34.
The National Stock Exchange (NSE) Nifty dropped 284.70 points oregon 1.16%, to decorativeness astatine 24,199.35.
From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the large losers.
State Bank of India emerged arsenic the lone gainer from the pack.
Foreign organization investors (FIIs) offloaded equities worthy ₹4,445.59 crore connected Wednesday (November 6, 2024), according to speech data.
In Asian markets, Seoul, Shanghai and Hong Kong settled higher portion Tokyo ended lower.
European markets were trading successful affirmative territory. Wall Street ended importantly higher connected Wednesday (November 6, 2024).
Republican person Donald Trump won the U.S. statesmanlike election for a 2nd term, handing a daze decision to his Democratic rival Kamala Harris successful 1 of the astir singular comebacks successful American electoral history, by rising from the governmental wilderness 4 years aft his eviction from the White House and consequent failed effort to overturn the 2020 predetermination outcome.
Global lipid benchmark Brent crude dipped 0.33% to $74.67 a barrel.
The BSE benchmark jumped 901.50 points, oregon 1.13%, to settee astatine 80,378.13 connected Wednesday (November 6, 2024). The Nifty soared 270.75 points, oregon 1.12%, to 24,484.05.
Published - November 07, 2024 04:32 p.m. IST
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