Markets

News Details

( 19 Nov 2020)
Pre-Session: Negative opening on cards for Sensex, Nifty on weak global cues

The Indian stock market is expected to open in the red on Thursday following weak global cues amid revived coronavirus fears.

Among individual stocks, banking and financial counters may trade actively as the Supreme Court is scheduled to resume hearing in the interest waiver case later today.

That apart, Wipro on Wednesday fixed December 11 as the record date for its up to Rs 9,500 crore share buyback programme. Meanwhile, shareholders of TCS approved the Rs 16,000-crore buyback plan on Wednesday.

On Wednesday, the 30-share benchmark index ended at 44180.05 up by 227.34 points or by 0.52 % and then NSE Nifty was at 12938.25 up by 64.05 points or by 0.5 %.

On the global front, US stocks closed steeply lower after a late-session sell-off on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments.

The Dow Jones Industrial Average fell 344.93 points, or 1.16%, to 29,438.42, the S&P 500 lost 41.74 points, or 1.16%, to 3,567.79 and the Nasdaq Composite dropped 97.74 points, or 0.82%, to 11,801.60.

Asian stocks followed Wall Street's sharp selloff on Thursday as concerns about rising coronavirus infections and new shutdowns in major U.S. cities hosed down earlier investor enthusiasm about COVID-19 vaccine developments.

Australia's S&P/ASX 200 lost 0.5% in early trading, while Hong Kong's Hang Seng index futures lost 0.02%. Japan's Nikkei 225 fell 0.4%.

Back home, Top traded Volumes on NSE Nifty – Tata Motors Ltd. 171801183.00, State Bank of India 104514060.00, NTPC Ltd. 37574681.00, Mahindra & Mahindra Ltd. 32986476.00, ICICI Bank Ltd. 29156543.00,

On NSE, total number of shares traded was 31.10 Crore and total turnover stood at Rs. 68470.69 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 435375 with a total turnover of Rs. 35073.01 Crore. Along with this total number of contracts traded in stock futures were 869887 with a total turnover of Rs. 65602.04 Crore. Total numbers of contracts for index options were 29244659 with a total turnover of Rs. 2386516.07 Crore. and total numbers of contracts for stock options were 1853250 with a total turnover of Rs. 147957.97 Crore.