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Stock Market Closed Sensex Fell 1687 Points Nifty Down 500 Points To 17000

Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Fri, 26 Nov 2021 03:42 PM IST

Summary

Stock Market Closed: The effect of weak global cues and the rising outbreak of Corona’s new form found in South Africa was clearly visible on the stock market and Sensex and Nifty closed with a heavy fall. At the end of trading, the Sensex closed down 1687 points, while the Nifty lost 509 points.

The stock markets closed with a sharp fall on the last day of the trading week amid weak global cues and the rising outbreak of a new form of corona found in South Africa. At the end of trading, the Sensex closed at 57,107.15, down 1687.94 points or 2.87 per cent, while the NSE Nifty lost 509.80 points or 2.91 per cent to close at 17026.45.

The downward trend continued throughout the day
Looking at the day’s trading, there was a sharp decline in both the indices shortly after starting trading on the red mark. By 10.35 in the morning, the Sensex had fallen by more than 1,300 points, while the Nifty lost 400 points. After this, the Sensex slipped 1460 points till 11 am and reached a low level.

BSE Sensex opened after breaking 800 points
The stock market started very badly on Friday, the last trading day of the week. BSE’s Sensex and NSE’s Nifty were both open on the red mark. In the trading day, the Sensex lost 815.71 points or 1.39 percent and opened below 58 thousand. It started at the level of 57979.38. While NSE’s Nifty started trading at 17296.65 with a loss of 239.60 points or 1.37 per cent.

The market was closed with an increase on Thursday
After a weak start on Thursday, the 30-share Sensex of the Bombay Stock Exchange finally closed at 58795.09, up 454.10 points or 0.78 per cent, after the day was volatile. At the same time, Nifty also closed at 17536.25 with a jump of 121.20 points or 0.70 percent.

Corona raised concerns of investors
Investors’ concerns also increased after a dangerous variant of Corona was found in South Africa. Scientists warned that the new variant B.1.1529 is even more dangerous than Delta and more than 30 new cases have been found in South Africa. This could be a major setback for global recovery.

Effect visible in foreign markets as well
If we talk about the effect of the new variant of Kovid-19, then its effect is visible in foreign markets as well. Tokyo’s Nekkei 225 fell three per cent and Hong Kong’s Heng Seng fell 2.1 per cent. The Indian government has also directed states to strictly screen and test travelers arriving from South Africa, Botswana and Hong Kong. Due to this reason, earthquake is also being seen in the domestic market.

Expansion

The stock markets closed with a sharp fall on the last day of the trading week amid weak global cues and the rising outbreak of a new form of corona found in South Africa. At the end of trading, the Sensex closed at 57,107.15, down 1687.94 points or 2.87 per cent, while the NSE Nifty lost 509.80 points or 2.91 per cent to close at 17026.45.

The downward trend continued throughout the day

Looking at the day’s trading, there was a sharp decline in both the indices shortly after starting trading on the red mark. By 10.35 in the morning, the Sensex had gone down by more than 1,300 points, while the Nifty lost 400 points. After this, the Sensex slipped 1460 points till 11 am and reached a low level.

BSE Sensex opened after breaking 800 points

The stock market started very badly on Friday, the last trading day of the week. BSE’s Sensex and NSE’s Nifty were both open on the red mark. In the trading day, the Sensex lost 815.71 points or 1.39 percent and opened below 58 thousand. It started at the level of 57979.38. While NSE’s Nifty started trading at 17296.65 with a loss of 239.60 points or 1.37 per cent.

The market was closed with an increase on Thursday

After a weak start on Thursday, the 30-share Sensex of the Bombay Stock Exchange finally closed at 58795.09, up 454.10 points or 0.78 per cent, after the day was volatile. At the same time, Nifty also closed at 17536.25 with a jump of 121.20 points or 0.70 percent.

Corona raised concerns of investors

Investors’ concerns also increased after the dangerous variant of Corona was found in South Africa. Scientists warned that the new variant B.1.1529 is even more dangerous than Delta and more than 30 new cases have been found in South Africa. This could be a major setback for global recovery.

Effect visible in foreign markets as well

If we talk about the effect of the new variant of Kovid-19, then its effect is visible in foreign markets as well. Tokyo’s Nekkei 225 fell three per cent and Hong Kong’s Heng Seng fell 2.1 per cent. The Indian government has also directed states to strictly screen and test travelers arriving from South Africa, Botswana and Hong Kong. Due to this reason, earthquake is also being seen in the domestic market.

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