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Sensex fell by more than 300 points: It was trading at 79,150, Nifty also slipped 100 points; Banking and FMCG shares fell

A decline is being seen in the stock market today i.e. on 11th November. Sensex is trading at the level of 79,150 with a fall of more than 300 points. At the same time, there is a decline of about 100 points in Nifty, it is trading at the level of 24,050.

During early trading, out of 30 Sensex stocks, 19 were seen declining and 11 were rising. Today there is a huge decline in banking and FMCG shares. At the same time, growth is being seen in auto and IT shares.

Last day of Niva Bupa Health-Insurance IPO

Today is the last day to bid for the IPO of private health insurer Niva Bupa Health Insurance Company Limited. This issue was subscribed a total of 1.24 times in two days. This IPO was subscribed 1.43 times in the retail category, 1.59 times in the Qualified Institutional Buyers (QIB) category and 0.42 times in the Non-Institutional Investors (NII) category.

Asian market fell today

  • In the Asian market, Japan's Nikkei is down 0.39%. At the same time, Korea's Kospi has declined by 1.27% and China's Shanghai Composite has also declined by 0.075%.
  • On November 8, the US Dow Jones Industrial Average rose 0.59% to 43,988 and the S&P 500 rose 0.38% to 5,995. The Nasdaq rose 0.09% to 19,286.
  • According to NSE data, foreign investors (FIIs) sold shares worth ₹3,404 crore on November 8. During this period, domestic investors (DIIs) bought shares worth ₹ 1,748 crore.
See also  Investment Point-Recovery seen in stock markets washed away on Wednesday: Nifty futures to remain bullish above 24575 points

There was a decline in the market on Friday Earlier on Friday i.e. 8th November, a decline was seen in the stock market. The Sensex closed at 79,486 with a fall of 55 points. Nifty also fell by 51 points, it closed at the level of 24,148.

Graphics Source: VaskarAssets

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