Stock market highlights: Nervousness in the cryptocurrency markets spilled over into equities as global stock markets, including Indian, remained subdued on Thursday. That apart, investors’ interpretation of the incoming results from the US mid-term elections kept sentimemt in check.
Further, sentiment was also impacted due to nervousness ahead of US CPI data for October. A higher-than-expected print can see the US Fed hike rates more than consensus estimates in its December policy review. That apart, the weekly F&O expiry, back home, was also partly responsible for the overall weak sentiment.
The NSE Nifty50, on the other hand, fell 121 points, or 0.66 per cent, to shut shop at 18,036. The index breached below the 18,000-mark during the day to hit a low of 17,969.40.
Sectorally, all the indices ended in the red with indices falling in the range of 0.3 per cent to 2 per cent.
Five Star Business Finance: The issue struggled to garner investors’ interest on the second day as well, getting subscribed by only 8 per cent till 3:30 PM. The issue closes tomorrow.
Archean Chemical: This issue managed to nearly sail through on the second day of the offer with around 90 per cent subscription till 3:30 PM.
Kaynes Technology: This issue, too, walked at snail’s pace with just 6 per cent subscription so far on day 1.
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
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