Ahead of Market: 10 things that will decide stock market action on Monday
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- ✓Sensex and Nifty ended lower during Muhurat Trading on November 8, snapping a six-session winning streak.
- ✓Sensex fell 29 points to close at 80,999, while Nifty dropped 44 points to 24,986.
- ✓Vinod Nair said, "After such a sharp run, intermittent profit booking cannot be ruled out," as investors booked profits.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Sensex and Nifty ended lower during Muhurat Trading on November 8, snapping a six-session winning streak. Nifty slipped below 25,000 as investors booked profits. However, broader market sentiment remained positive, with 2,716 NSE stocks advancing against 736 declines.
The Indian stock market slipped into the red on Sunday, Diwali, with Sensex and Nifty snapping a six-session long winning streak after erasing early gains during the special Muhurat Trading session.
Sensex and Nifty initially opened in the green on Sunday as investors made their first trades of the new Samvat 2083. However the benchmark indices soon erased all gains. Sensex fell 29 points to close at 80,999 while Nifty 50 dropped 44 points to end the session at 24,986, slipping below the crucial psychological mark of 25,000.
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Economic Times
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