MARKET UPDATE:Volatile market;Sensex up 394 points at 62,159 and the Nifty down 64 points at 18,355


Published On: Wednesday, October 20, 2021 | By:

MARKET UPDATE:Volatile market;Sensex up 394 points at 62,159 and the  Nifty down 64 points at 18,355

The Indian benchmark indices opened a quiet note amid positive global cues today(20th Oct.2021). The BSE Sensex opened 84 points higher at 61,800, and after touching a high of 61,873, the index soon slipped into the negative zone. The BSE Sensex was down 164 points at 61,553. The NSE Nifty touched a high of 18,458 but was down 64 points at 18,355. Among the Sensex 30 stocks, Tata Steel has slipped 1.5 percent. Asian Paints, Bajaj Finserv, Bajaj Auto, IndusInd Bank, and NTPC are the prominent losers. On the other hand, Nestle India, Larsen & Toubro, HCL Technologies, Infosys, and Bajaj Finance were up marginally. In the broader market, IRCTC has hit the 10 percent lower circuit at Rs 4,830. The stock had crossed the Rs 1 trillion mark yesterday in intraday deals after it hit a fresh all-time high at Rs 6,393. Mastek and Indian Energy Exchange (IEX) have also tumbled over 10 percent each.

In other markets of Asia, Hang Seng has rallied 1.5 per cent. Australia's S&P/ASX 200 has advanced 0.7 per cent. Most of the other major markets like the Nikkei, Shanghai Composite, Taiwan Weighted, KOSPI and Straits Times traded on a flat note.

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