Sensex fell 100 points to 43,520 levels and Nifty overed around 12,710 marks
Published On: Thursday, November 12, 2020 | By: Team KnowMyStock
The equity markets in India were trading marginally lower, amid mixed global cues, today (12th November 2020).
A Reuters report said that the Centre is likely to unveil another stimulus package of about $20 billion this week focusing on stressed sectors, middle-income groups in urban and rural areas, and employment generation before Diwali.
Among headline indices, the S&P BSE Sensex fell 100 points to 43,520 levels and the Nifty50 index hovered around 12,710 marks. HDFC, Kotak Mahindra Bank, IndusInd Bank, and ICICI Bank were all trading 1 percent down. On the other hand, M&M and Titan gained 2 and 1 percent, respectively.
The trend among Nifty sectoral indices was mixed, with the Nifty IT index, up 1 percent, leading the list of gainers.
Eight hundred and eight companies including Eicher Motors, IRCTC, and Jubilant FoodWorks are set to declare their quarterly earnings today.