Share market update: Benchmark indices end in red, Sensex down 0.55%, Nifty closes 0.5% lower

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The broader markets closed with smallcaps trading marginally higher by about 0.3 per cent in a mix, while midcaps lost more than half a per cent.

Mumbai: Domestic markets cut their early gains on Wednesday and ended the day’s trading in the red. The BSE Sensex posted intraday gains at 58,340, down 323 points or 0.55 per cent during the last hour of trading. The NSE Nifty 50 ended 88.3 points or 0.5 per cent lower at 17,415.

Auto stocks fell 1.28 per cent, while digital payments startup Paytm closed up 17.2 per cent today.

The broader markets closed with smallcaps trading marginally higher by about 0.3 per cent in a mix, while midcaps lost more than half a per cent.

Information technology (IT) shares closed down 1.24 per cent in the BSE Sensex.

Globally, stocks are seen reviving as crude oil prices have lifted oil companies, though rising COVID-19 cases in Europe, weak economic sentiment in Germany and a bag of US data ahead of Thanksgiving were seen by investors. was being watched closely.

Brent crude futures rose 0.5 percent to $82.71 a barrel, reversing early losses. US crude futures also rose half a per cent to $78.93 a barrel.

First published:November 24, 2021, 4:39 PM

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