Markets snap record run as virus caseload weighs

Markets snap record run as virus caseload weighs

Mumbai, November 19

The Bombay Stock Exchange benchmark Sensex and NSE’s Nifty retreated from record highs on Thursday following heavy profit-booking in financial stocks amid a weak trend in global markets due to rising Covid cases in multiple countries.

Sensex sinks 580 pts

  • After briefly touching its record intra-day high of 44,230 in a volatile session, the BSE Sensex ended 580.09 points lower at 43,599.96.

A depreciating rupee and concerns over frothy valuations further dented risk appetite, traders said.

After briefly touching its record intra-day high of 44,230 in a volatile session, the 30-share BSE Sensex ended 580.09 points lower at 43,599.96.

Similarly, the Nifty hit a fresh intra-day peak of 12,963, before ending 166.55 points down at 12,771.70. — PTI

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