iconiifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Markets trade under pressure; Nifty falls below 19,450

13 Nov 2023 , 01:15 PM

Indian benchmark indices are trading with sharp decline in Monday’s afternoon session as the investors eye domestic inflation data for October.

On the sectoral front, all the major sectoral indices are trading under pressure. Nifty Metal stocks are holding a firm ground with marginal gain. Nifty PSU Bank is trading 1.63% higher. High weigtage IT and financials declined about 0.5% each.

At around 1.00 PM, BSE Sensex is trading 333 points lower at 64,926, dragged down by declines in all major sectoral indices. Nifty 50 is down by 82 points and is currently trading at 19,444.

In the special one-hour 'muhurat' trading session on Sunday, the Nifty 50 and Sensex touched three-week highs, gaining more than 0.5% each, fueled by advances in energy and information technology firms.

Coal India (+4.53%) is trading as the biggest gainer on nifty index following announcement of its Q2 results. Eicher Motors (+1.89%) is trading with an uptick of 2%. NTPC (+1.35%), Hindalco (+1.32%), and IndusInd Bank (+0.79%) all are trading with a gain of about 1% post their quarterly results.

On the other hand, SBI Life (-1.90%) is trading about 2% lower. Bajaj Finance (-1.31%), Apollo Hospitals (-1.29%), HDFC Life (-1.12%), and Tech Mahindra (-1.10%) are down by about 1%.

The retail inflation data for October is set to be released later in the day, after market hours.

For feedback and suggestions, write to us at editorial@iifl.com


Related Tags

  • BSE
  • Market Commentary
  • nifty
  • NSE
  • sensex
  • stock market
  • stock market news
sidebar mobile


Read More

Most Read News

4 Mar 2024   |   09:10 AM
4 Mar 2024   |   06:22 PM
4 Mar 2024   |   08:40 AM
4 Mar 2024   |   06:37 PM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.