In volatile trade, sensex rises 1.1k points, closes lower
Published On : 2024-11-20T08:59:48+0530 [ IST ] |
Author : Mayur_Tembhare
Reading Time : 1 mins
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A relief rally after days of move southwards cheered D-Street investors on Tuesday. As a result the sensex sensex went up by more than 1,100 points in mid-session as buying emerged across the board but late selling pared gains and the index closed just 239 points up at
After the initial rally a host of geopolitical and global economic factors weighed on investor sentiment and hence the late selling Siddhartha Khemka of Motilal Oswal Financial Services said.
"Selling pressure overtook (investor sentiment on Dalal Street) following reports of escalating tensions between Russia and Ukraine. This came in the wake of US President Joe Biden's decision to authorize Ukraine to target military sites in
Among the 30 sensex constituents HDFC Bank HDFC Bank and M&M contributed the most to the day's gains while selling in Reliance Industries Reliance Industries and SBI weighed in the most, BSE data showed.
The day also saw the retail portion of the NTPC Green Energy IPOfully subscribed on Day 1 of its opening. Overall the issue was subscribed 33%. In most IPOs institutional and high-net-worth investors apply on the last day.
Source : Reporters From Sunrise Chronicles
Tags : Overall , datareliance industries reliance industriesand sbi weighed , Reliance Industries Reliance Industriesand , Selling , November , The , Monday , hdfccrorentpc green energy ipofully subscribed , After , sensexrecently ," khemka wrote ,
Summary :
A relief rally after days of move southwards cheered D-Street investors on Tuesday. As a result the sensex sensex went up by more than 1,100 points in mid-session as buying emerged across the board
