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Home > Markets > Sensex ends 216 points lower; IT stocks fall
Markets
Sensex ends 216 points lower; IT stocks fall
By  
PTI   , Published : Nov 22, 2019, 4:17 pm IST | Updated : Nov 22, 2019, 4:17 pm IST

After trading on a weak note through the day, the 30-share index ended 215.76 points, or 0.53 per cent, lower at 40,359.41.

The broader NSE Nifty settled 54 points, or 0.45 per cent, down at 11,914.40.
The broader NSE Nifty settled 54 points, or 0.45 per cent, down at 11,914.40.

Mumbai: Market benchmark Sensex dropped 216 points on Friday, dragged by losses in index-heavyweights Infosys, TCS and HDFC Bank.

After trading on a weak note through the day, the 30-share index ended 215.76 points, or 0.53 per cent, lower at 40,359.41. It hit an intra-day low of 40,276.83 and a high of 40,653.17.

Similarly, the broader NSE Nifty settled 54 points, or 0.45 per cent, down at 11,914.40.

Infosys was the top loser in the Sensex pack, dropping 2.89 per cent, followed by TCS, Asian Paints, Bharti Airtel and HCL Tech.

On the other hand, Tata Steel gained 3.74 per cent, NTPC 2.35 per cent, Vedanta 2.27 per cent and ONGC 2.18 per cent.

IT stocks led the fall in the market amid reports of changes in US work visa requirements aimed at protecting American workers, traders said.

Elsewhere in Asia, bourses in Hong Kong, Tokyo and Seoul settled in the green, while Shanghai finished on a negative note.

European equities were also trading on a positive note in their respective early deals.

Meanwhile, the Indian rupee depreciated marginally to 71.79 against the US dollar in intra-day trade.

Brent crude futures, the global oil benchmark, dipped 0.03 per cent to USD 63.95 per barrel.

end-of
Tags: 
sensex, bse, nse, nifty, stock market, bombay stock exchange
Location: 
India, Maharashtra, Mumbai (Bombay)
Latest From Markets
After swinging over 423 points intra-day, the 30-share BSE Sensex ended down by 304.26 points, or 0.73 per cent, at 41,253.74. (Photo: File | PTI)

Sensex tanks 304 points on last day of 2019; Nifty drops below 12,200

The 30-share BSE Sensex fell 108.21 points or 0.26 per cent to 41,449.79, and the broader NSE Nifty slipped to 12,227.75. (Photo: File | AP)

Sensex drops over 100 points amid thin global trade

Besides, weakening of the American currency in overseas market supported the rupee, while steady rise in crude oil prices and weak opening in domestic equities weighed on the local unit, forex traders said.

Rupee rises 8 paise to 71.23 against US dollar in early trade

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