Markets end lower; Nifty settles below 17,400; Infosys, Reliance among top underperformers

Further, profit booking was also seen in pharma and FMCG counters. However, financials and metals remained resilient.

Nov 24, 2021 03:11 IST India Infoline News Service

Domestic markets gave up early gains amid high volatility and also selling pressure witnessed in auto and IT stocks weighed. Further, significant profit booking was also seen in pharma and FMCG counters. However, financials and metals remained resilient.

Besides, strong buying remained also visible in smallcap stocks, while the volatility index softened over 6% today ahead of F&O expiry tomorrow.

Notably, PSU banks witnessed a sharp upmove today on growing expectations of divestments.

Adani Ports, ONGC, Coal India and BPCL were among top Nifty gainers, while Maruti, Tata Consumers, Eicher Motors and Infosys were among laggards.

The Sensex ended 323 points at 58,341 and Nifty 50 index declined 88 points to settle at 17,415. Today, the Sensex fell as much as 825 points from the day's highest level and Nifty touched an intraday low of 17,354.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity