The Indian benchmark indices extended their ongoing correction phase for a sixth straight session on November 14, with the Nifty ending below 23,550 amid selling seen in the FMCG, PSU Bank, oil & gas names.
At close, the Sensex was down 110.64 points or 0.14 percent at 77,580.31, and the Nifty was down 26.35 points or 0.11 percent at 23,532.70.
For the week, BSE Sensex and Nifty fell 2.5 percent each.
After a flat start, market traded positive for the first couple of hours but selling at higher levels again erased the intraday gains to drag the Nifty below 23,500. However, buying in realty, auto and media names helped the index to close above 23500 amid volatility.
The Market will remain shut on Friday, November 15, on account of Guru Nanak Jayanti.
Among sectors, FMCG, power, PSU Bank and oil & gas shed 0.3-1 percent, while auto, media, realty rose between 0.6-2 percent.
HUL, BPCL, Tata Consumer, Nestle, Britannia were among the major losers on the Nifty, while gainers were Eicher Motors, Hero MotoCorp, Reliance Industries, HDFC Life and Kotak Mahindra Bank.
BSE Midcap index was up 0.4 percent and Smallcap index added nearly 1 percent.
Nearly 140 stocks touched their 52-week high on the BSE, including, HCL Technologies, Banco Products, Kiri Industries, Garware HiTech, JSW Holdings, Sasken Technologies, Pix Transmissions, AMI Organics, Timex Group, Vikas WSP, among others.
On the other hand, nearly 150 stocks hit their 52-week low on the BSE, including Nestle India, IndusInd Bank, Sheela Foam, Chennai Petro, Westlife Food, TCI Express, Happiest Minds, Mahindra Life, Tanla Platforms, CreditAccess Grameen, Tata Elxsi, Sun Pharma Advanced, Relaxo Footwear, Birla Corp, Vodafone Idea, Equitas Bank, Restaurant Brands, Trident, Prince Pipes, among others.
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